StockNews.AI
LOGI
StockNews.AI
91 days

Logitech Announces Proposed Fiscal Year 2025 Dividend

1. Logitech proposes a cash dividend increase to CHF 1.26 per share. 2. This dividend reflects Logitech's commitment to shareholder value return. 3. In FY2025, Logitech returned $797 million to shareholders. 4. The proposal awaits approval at the 2025 Annual General Meeting. 5. Logitech focuses on enhancing digital connectivity through software-enabled solutions.

3m saved
Insight
Article

FAQ

Why Bullish?

Increased dividends typically signal financial health and attract investors, historically boosting stock prices for companies like Logitech during similar announcements.

How important is it?

The dividend increase is a clear indicator of Logan's financial stability and commitment to returning value, likely influencing investor sentiment positively.

Why Short Term?

The imminent shareholder vote on the dividend proposal can lead to immediate market reactions, as seen in past dividend announcements.

Related Companies

LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)-- SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that the Company’s board of directors has approved a proposal for a Fiscal Year 2025 cash dividend, which, if approved by shareholders, would be an increase of approximately CHF 0.10 to CHF 1.26 per share. This proposed increased cash dividend demonstrates Logitech’s continued commitment to consistently returning value to shareholders. In Fiscal Year 2025, the Company returned $797 million of cash to shareholders through its annual dividend payment and share repurchases.

This proposal will be voted on by Logitech’s shareholders at the Company’s 2025 Annual General Meeting.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

(LOGIIR)

Related News