RSS - Logitech announces completion of $250 million buyback program.
FREMONT, Calif., March 4, 2010 and ROMANEL-SUR-MORGES, Switzerland, March 5, 2010 - Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it has completed its current $250 million share buyback program. Under this program, initiated in Feb. 2008 and completed Mar. 4, 2010, Logitech repurchased a total of 11,978,125 shares at an average per share price of $20.87 (CHF 22.22). Logitech currently has another $250 million share buyback program approved by its Board of Directors to use at its discretion and subject to regulatory approvals. Details of Logitech’s share repurchase history can be found at: http://ir.logitech.com/buyback.cfm?cl=ch,fr.