Logitech Plans $2 Billion Share Buyback Amid Growth Outlook

Reported about 9 hours ago

Logitech International announced a significant $2 billion share buyback plan over the next three years, expanding its current program by $600 million. The company reaffirmed its 2025 sales outlook of $4.54 to $4.57 billion, expecting a 5.4% to 6.4% growth. Additionally, it projected fiscal year 2026 sales of $4.53 to $4.71 billion, reflecting a 1% to 3% increase. Logitech aims to diversify its sales channels, targeting sectors like education and healthcare while enhancing its presence in existing markets.

Source: YAHOO

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