Logitech CEO says expanded buyback no block to big acquisiti

Logitech CEO says expanded buyback no block to big acquisitions
Reuters
6 hrs ago
© Reuters/Dado Ruvic
FILE PHOTO: Logitech keyboards are seen in the computer shop in Zenica
ZURICH (Reuters) - Logitech's expanded share buyback will not hinder the tech company's ability to make big acquisitions, Chief Executive Bracken Darrell said on Thursday.
"We have plenty of financial capacity to do small, medium or large acquisitions," Darrell told Reuters after the computer peripherals maker quadrupled the size of its buyback to $1 billion while posting record annual results.
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