The company’s board of directors has approved a new, three-year share buyback program which will allow the Company to use up to $1.4 billion to repurchase its shares. Together with the $600 million previously approved in March 2025, this new $1.4 billion program is in alignment with the Company’s stated intention to target share buybacks of $2 billion over a three-year period, as initially shared during the 2025 Analyst and Investor Day.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOGI:
- UBS downgrades Logitech on easing positive estimate revisions
- Logitech downgraded to Neutral from Buy at UBS
- Logitech G Study shows Esports enters its prime: rising career aspirations and growing legitimacy worldwide
- Logitech price target lowered to CHF 75 from CHF 80 at Deutsche Bank
- Largest borrow rate increases among liquid names