Computer parts maker Logitech targets $2 billion share buyback

  • March 5, 2025

(Reuters) -Logitech International said on Wednesday it plans to buy back $2 billion worth of its shares over the next three years, and will increase its current buyback program by $600 million.

The company also forecast fiscal year 2026 sales to range from $4.53 billion to $4.71 billion, indicating potential growth in the range of 1% to 3% in U.S. dollars.

Logitech (NASDAQ: LOGI ), whose products include computer mice to keyboards and webcams, confirmed its guidance for its 2025 financial year, which runs to the end of March.

Computer parts maker Logitech targets $2 billion share buyback

The Swiss-American company, which enjoyed a sales surge during the pandemic lockdown, had previously said it expected its sales to grow by 5.4% to 6.4% to reach $4.54 to $4.57 billion.

Logitech had raised its full-year forecast in late January, after reporting higher sales and profit for its important pre-holiday quarter.