Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Share Repurchases
In the third quarter of fiscal year 2024, the following approved share repurchase program was in place (in thousands):
Share Repurchase Program Shares Approved Approved Amounts
July 2023 (1)
17,311 $ 1,000,000
(1) In June 2023, our Board of Directors approved a new, three-year share repurchase program. The Swiss Takeover Board approved the 2023 share repurchase program in July 2023 and the program became effective on July 28, 2023. See Note 11 to the condensed consolidated financial statements for further information.
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Table of Contents
The following table presents certain information related to purchases made by Logitech of its equity securities under the 2023 share repurchase program (in thousands, except per share amounts):
Total Number of Shares
Repurchased Weighted Average Price Paid Per Share Remaining Amount that May Yet Be
Repurchased under the Programs
During the three months ended December 31, 2023
CHF (LOGN) USD (LOGI)
Month 1
October 1, 2023 to October 27, 2023
SIX 552 (1)
64.35 N/A $ 900,769
Nasdaq — N/A $ — 900,769
Month 2
October 28, 2023 to November 24, 2023
SIX 1,193 (1)
73.84 N/A 802,519
Nasdaq — N/A $ — 802,519
Month 3
November 25, 2023 to December 29, 2023
SIX 381 (1)
78.93 N/A 767,750
Nasdaq — N/A $ — 767,750
2,126 72.29 $ 767,750
(1) Shares repurchased on the second trading line for cancellation under the 2023 share repurchase program.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
ITEM 4. MINE SAFETY DISCLOSURES
None.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.