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Logitech CEO says expanded buyback no block to big acquisitions


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.
Video: CNBC Markets Now: April 28, 2021 (CNBC)
CNBC Markets Now: April 28, 2021 ....

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Logitech says company can grow after COVID-19 boom


3 Min Read
ZURICH (Reuters) - Logitech International will grow in a post-coronavirus world, Chief Executive Bracken Darrell said on Tuesday, as the rise in home working and playing during the pandemic pushed the computer peripherals maker to its best-ever quarterly results.
FILE PHOTO: Chief Executive Officer Bracken Darrell of the computer peripherals maker Logitech addresses a news conference in Zurich, Switzerland March 6, 2019. REUTERS/Arnd Wiegmann
Booming sales of web cams, covers and keyboards for tablet computers used by schoolchildren and video conferencing devices for online meetings were behind an 85% surge in the Swiss-U.S. company’s sales during the last three months of 2020. ....

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