Logitech to Begin New Share Buyback Program

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February 5th, 2008 Leave a comment Visited 24 times, 1 so far today

Company Announces Completion of $250 Million Buyback, Beginning of New $250 Million Buyback

Logitech International (SWX:LOGN) (Nasdaq:LOGI) today announced that it has completed its current $250 million share buyback program. Under this program, initiated in Nov. 2006 and completed Feb. 4, 2008, Logitech repurchased a total of 8’759’450 shares at an average per share price of $ 28.54 (CHF 34.04).

Logitech now plans to begin its new $250 million share buyback program. As announced by the Company on June 19, 2007, Logitech’s board of directors approved the new buyback program with repurchases to begin upon completion of the earlier program and approval by Swiss regulatory authorities.

About Logitech

Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded on the SWX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

Logitech, the Logitech logo and other Logitech marks are owned by Logitech and may be registered. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the Company’s Web site at www.logitech.com.

(LOGI – IR)
Contacts

Logitech International
Joe Greenhalgh, 510-713-4430
Vice President, Investor Relations – USA
Ben Starkie, +41-(0) 21-863-5195
Public Relations Manager – Europe
Nancy Morrison, 510-713-4948
Director, Corporate Communications – USA





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