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Logitech​ ​Shareholders​ ​Approve​ ​All Proposals,​ ​Including​ ​Increased Dividend,​ At ​Annual​ ​General​ ​Meeting

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Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced the approval of all proposals at its annual general meeting (AGM), including an increased dividend for Fiscal Year 2024. Shareholders approved a dividend of approximately CHF 1.16 per share, an increase of about CHF 0.10 compared to the previous year. The company's chairperson, Wendy Becker, was re-elected with 86% approval, and all other nominees received strong majority support.

The dividend payment date is expected to be September 25, 2024, with a record date of September 24, 2024. Shares are anticipated to trade ex-dividend on the SIX Swiss Exchange and Nasdaq Global Select Market starting September 23, 2024. This increased dividend is part of Logitech's strategy to return capital to shareholders through dividends and share repurchases.

Logitech International (SIX: LOGN) (Nasdaq: LOGI) ha annunciato l'approvazione di tutte le proposte durante la sua assemblea generale annuale (AGM), inclusa un aumento del dividendo per l'anno fiscale 2024. Gli azionisti hanno approvato un dividendo di circa CHF 1.16 per azione, un incremento di circa CHF 0.10 rispetto all'anno precedente. La presidente dell'azienda, Wendy Becker, è stata rieletta con un'approvazione dell'86%, e tutti gli altri candidati hanno ricevuto un forte sostegno della maggioranza.

La data di pagamento del dividendo è prevista per il 25 settembre 2024, con una data di registrazione del 24 settembre 2024. Ci si aspetta che le azioni vengano negoziate senza dividendo presso la SIX Swiss Exchange e Nasdaq Global Select Market a partire dal 23 settembre 2024. Questo aumento del dividendo fa parte della strategia di Logitech per restituire capitale agli azionisti attraverso dividendi e riacquisti di azioni.

Logitech International (SIX: LOGN) (Nasdaq: LOGI) anunció la aprobación de todas las propuestas en su reunión general anual (AGM), incluido un aumento en el dividendo para el año fiscal 2024. Los accionistas aprobaron un dividendo de aproximadamente CHF 1.16 por acción, un incremento de aproximadamente CHF 0.10 en comparación con el año anterior. La presidenta de la empresa, Wendy Becker, fue reelegida con un 86% de aprobación, y todos los demás nominados recibieron un fuerte apoyo mayoritario.

Se espera que la fecha de pago del dividendo sea el 25 de septiembre de 2024, con una fecha de registro del 24 de septiembre de 2024. Se anticipa que las acciones se negocien ex-dividendo en la SIX Swiss Exchange y el Nasdaq Global Select Market a partir del 23 de septiembre de 2024. Este aumento en el dividendo es parte de la estrategia de Logitech para devolver capital a los accionistas a través de dividendos y recompra de acciones.

로지텍 인터내셔널 (SIX: LOGN) (Nasdaq: LOGI)는 연례 총회(AGM)에서 모든 제안이 승인되었음을 발표하였으며, 2024 회계연도에 배당금을 인상하였습니다. 주주들은 주당 약 CHF 1.16의 배당금을 승인하였으며, 이는 이전 연도에 비해 약 CHF 0.10 증가한 것입니다. 회사의 의장인 웬디 베커는 86%의 찬성으로 재선임되었으며, 다른 모든 후보들도 강력한 다수의 지지를 받았습니다.

배당금 지급일은 2024년 9월 25일로 예상되며, 기준일은 2024년 9월 24일입니다. 주식은 2024년 9월 23일부터 SIX 스위스 거래소 및 나스닥 글로벌 선택 시장에서 배당락 거래될 것으로 예상됩니다. 이번 배당금 인상은 로지텍의 주주들에게 배당금과 자사주 매입을 통해 자본을 환원하려는 전략의 일환입니다.

Logitech International (SIX: LOGN) (Nasdaq: LOGI) a annoncé l'approbation de toutes les propositions lors de sa réunion générale annuelle (AGM), y compris une augmentation du dividende pour l'exercice fiscal 2024. Les actionnaires ont approuvé un dividende d'environ CHF 1.16 par action, soit une augmentation d'environ CHF 0.10 par rapport à l'année précédente. La présidente de l'entreprise, Wendy Becker, a été réélue avec 86 % de votes favorables, et tous les autres candidats ont reçu un fort soutien majoritaire.

La date de paiement du dividende est prévue pour le 25 septembre 2024, avec une date d'enregistrement fixée au 24 septembre 2024. Les actions devraient être négociées ex-dividende à la SIX Swiss Exchange et au Nasdaq Global Select Market à partir du 23 septembre 2024. Cette augmentation du dividende fait partie de la stratégie de Logitech visant à restituer des capitaux aux actionnaires par le biais de dividendes et de rachats d'actions.

Logitech International (SIX: LOGN) (Nasdaq: LOGI) gab die Genehmigung aller Vorschläge auf ihrer Hauptversammlung (AGM) bekannt, einschließlich einer erhöhten Dividende für das Geschäftsjahr 2024. Die Aktionäre genehmigten eine Dividende von etwa CHF 1,16 pro Aktie, was einer Erhöhung von etwa CHF 0,10 im Vergleich zum Vorjahr entspricht. Die Vorstandsvorsitzende des Unternehmens, Wendy Becker, wurde mit 86 % Zustimmung wiedergewählt, und alle anderen Nominierten erhielten starke Mehrheitsunterstützung.

Das Datum der Dividendenauszahlung wird voraussichtlich der 25. September 2024 sein, mit einem Stichtag am 24. September 2024. Es wird erwartet, dass die Aktien ab dem 23. September 2024 ex-Dividende an der SIX Swiss Exchange und dem Nasdaq Global Select Market gehandelt werden. Diese erhöhte Dividende ist Teil der Strategie von Logitech, den Aktionären Kapital durch Dividenden und Aktienrückkäufe zurückzugeben.

Positive
  • Increased dividend of CHF 1.16 per share for Fiscal Year 2024
  • Strong shareholder support with 86% approval for re-election of chairperson
  • All company proposals approved at the AGM
  • Continued strategy to return capital to shareholders via dividends and share repurchases
Negative
  • None.

LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)-- Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that during its annual general meeting (AGM) the Company’s shareholders approved a Fiscal Year 2024 dividend of approximately CHF 1.16 per share — an increase of approximately CHF 0.10 compared to the previous year’s dividend.

Additionally, at the meeting, Logitech’s shareholders re-elected Logitech’s chairperson, Wendy Becker, with 86 percent approval. All new and incumbent nominees standing for election each also received strong majority approval. All other company proposals at the AGM were also approved.

“Today, we were pleased to gather once again with our shareholders,” said Wendy Becker, Logitech’s chairperson of the board. “I’m delighted to announce an increased annual dividend, part of our strategy to return capital to shareholders via dividends and share repurchases. I’m proud of the value we’ve been able to create for our shareholders and I’m gratified by the clear sign of confidence we received for the whole team as we execute on our strategy. Our shareholders have spoken.”

Logitech expects the payment date for the dividend to be September 25, 2024 and the record date for the dividend to be September 24, 2024. The shares are expected to be traded ex-dividend on the SIX Swiss Exchange and the Nasdaq Global Select Market starting on September 23, 2024. Shareholders will find more information about the dividend on the Logitech corporate website at http://ir.logitech.com.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. As the point of connection between people and the digital world, our purpose 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)

Editorial Contacts:

Nate Melihercik, Head of Global Investor Relations - ir@logitech.com

Nicole Kenyon, Head of Global Corporate and Internal Communications - nkenyon@logitech.com (USA)

Ben Starkie, Corporate Communications - +41 (0) 79-292-3499, bstarkie1@logitech.com (Europe)

Source: Logitech International

FAQ

What is Logitech's new dividend amount for Fiscal Year 2024?

Logitech's new dividend for Fiscal Year 2024 is approximately CHF 1.16 per share, an increase of about CHF 0.10 compared to the previous year.

When is the expected payment date for Logitech's (LOGI) FY2024 dividend?

The expected payment date for Logitech's FY2024 dividend is September 25, 2024.

What was the approval rate for Logitech's chairperson re-election?

Logitech's chairperson, Wendy Becker, was re-elected with 86 percent approval at the annual general meeting.

When will Logitech (LOGI) shares trade ex-dividend for the FY2024 dividend?

Logitech shares are expected to trade ex-dividend on the SIX Swiss Exchange and Nasdaq Global Select Market starting on September 23, 2024.

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