Logitech Shareholders Approve Proposals, Including Dividend, at Annual General Meeting Freitag, 19. Dezember 2014 - 07:01
LAUSANNE, Switzerland--(BUSINESS WIRE)--
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that,
at its annual general meeting held here today, the Company's
shareholders approved a dividend of CHF 0.26 per share, an increase of
25 percent over the prior year, following a year of strong cash flow
from operations. Logitech shareholders eligible for the dividend must
purchase the shares by the close of trading on Dec. 23, 2014 on the SIX
Swiss Exchange or the Nasdaq Global Select Market. The dividend is
expected to be distributed on Dec. 30, 2014. Shareholders will find more
information about the dividend on the Logitech corporate website at http://ir.logitech.com.
Also at the meeting, Logitech's shareholders elected to the board of
directors Dimitri Panayotopoulos, and re-elected all current members of
the board. The Company also announced that Daniel Borel, Logitech
co-founder, will not stand for re-election to the board of directors at
the 2015 annual general meeting, when his current term ends. In
addition, the shareholders elected KPMG AG as the Company's auditors,
ratified the appointment of KPMG LLP as Logitech's independent
registered public accounting firm, and approved all other proposals.
About Logitech
Logitech is a world leader in products that connect people to the
digital experiences they care about. Spanning multiple computing,
communication and entertainment platforms, Logitech's combined hardware
and software enable or enhance digital navigation, music and video
entertainment, gaming, social networking, audio and video communication
over the Internet, video security and home-entertainment control.
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).
Logitech, the Logitech logo, and other Logitech marks are registered in
Switzerland 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 Web site at www.logitech.com.
(LOGIIR)
Logitech International
Joe Greenhalgh
Vice President, Investor
Relations - USA
510-713-4430
or
Krista Todd
Sr.
Director, External Communications - USA
510-713-5834
or
Ben
Starkie
Corporate Communications - Europe
+41-(0) 79-292-3499
Source: Logitech International
News Provided by Acquire Media