13 unchanged sentences
Dollars on September 27, 2023.
−Removed: On September 8, 2021, Logitech's shareholders approved a cash dividend payment of CHF 147.0 million out of retained earnings to Logitech shareholders who owned shares on September 21, 2021.
+Added: On September 14, 2022, Logitech's shareholders approved a cash dividend payment of CHF 0.96 per share out of retained earnings to Logitech's shareholders who owned shares on September 27, 2022.
Eligible shareholders were paid CHF 0.96 per share ($0.98 per share in U.S.
−Removed: Dollars), totaling $159.4 million in U.S.
+Added: Dollars based on the exchange rate on the date of payment), totaling $158.7 million in U.S.
Dollars on September 28, 2022.
14 unchanged sentences
Share Repurchases
−Removed: In fiscal year 2023, the following approved share repurchase program was in place (in thousands):
+Added: In fiscal year 2024 , the following approved share repurchase programs were in place (in thousands):
Share Repurchase Program Approved Shares Approved Amounts (1)
−Removed: May 2020 17,311 $ 1,500,000
−Removed: (1) In April 2021, our Board of Directors approved an increase of $750.0 million of the 2020 share repurchase program, to an aggregate amount of $1.0 billion.
−Removed: The Swiss Takeover Board approved this increase and it became effective on May 21, 2021.
−Removed: In July 2022, our Board of Directors approved an increase of $500 million to the 2020 share repurchase program, to an aggregate amount of up to $1.5 billion.
−Removed: The Swiss Takeover Board approved this increase and it became effective on August 19, 2022.
+Added: 17,311 $ 1,500,000
+Added: July 2023 (2)
+Added: 17,311 $ 1,000,000
+Added: (1) The 2020 share repurchase program expired on July 27, 2023.
+Added: See Note 14 to the consolidated financial statements for further information.
+Added: (2) In June 2023, our Board of Directors approved a new, three-year share repurchase program.
+Added: The Swiss Takeover Board approved the 2023 share repurchase program in July 2023 and the program became effective on July 28, 2023.
+Added: See Note 14 to the consolidated financial statements for further information.
The following tables present certain information related to purchases made by Logitech of its equity securities under its publicly announced share repurchase programs (in thousands, except per share amounts):
7 unchanged sentences
March 31, 2024 7,100 65.46 73.63 $ 635,750
−Removed: (1) In fiscal year 2021, 2022 and 2023, the number of shares repurchased on the SIX was 1.0 million, 3.9 million, and 7.4 million , respectively, and the number of shares repurchased on NASDAQ was 0.9 million, 0.7 million, and 0.2 million, respectively.
+Added: (1) In fiscal years 2022, 2023 and 2024, the number of shares repurchased on the SIX was 3.9 million, 7.4 million, a nd 6.9 million, respectively, and the number of shares repurchased on NASDAQ was 0.7 million, 0.2 million, and 0.2 million , respectively.
+Added: Shares were repurchased in fiscal year 2022 and fiscal year 2023 to support equity incentive plans.
+Added: In fiscal year 2024, 4.1 million shares were repurchased for cancellation and the remaining shares were repurchased to support equity incentive plans.
+Added: Logitech International S.A.
+Added: | Fiscal 2024 Form 10-K | 36
Total Number of Shares
1 unchanged sentence
Repurchased under the Program
−Removed: During the three months ended March 31, 2023 CHF (LOGN) USD (LOGI)
−Removed: January 1, 2023 to January 27, 2023
−Removed: SIX 644 55.24 — $ 557,808
+Added: During the three months ended March 31, 2024
+Added: CHF (LOGN) USD (LOGI)
+Added: December 30, 2023 to January 26, 2024
+Added: 79.71 N/A $ 727,751
January 27, 2024 to February 23, 2024
−Removed: SIX 202 53.61 — 546,102
−Removed: Nasdaq 54 59.00 542,904
February 24, 2024 to March 31, 2024
−Removed: SIX 695 49.11 — 505,844
−Removed: 1,595 52.33 56.68 $ 505,844
+Added: 1,472 78.38 N/A $ 635,750
+Added: (1) Includes 346,000 shares repurchased on the ordinary trading line to support equity incentive plans and 84,000 shares repurchased on the second trading line for cancellation under the 2023 share repurchase program.
+Added: (2) Shares repurchased on the second line for cancellation under the 2023 share repurchase program.
Performance Graph
6 unchanged sentences
2019 2020 2021 2022 2023 2024
−Removed: *$100 invested on March 31, 2018, in stock or index, including reinvestment of dividends.
−Removed: Fiscal year ending March 31.
−Removed: Copyright© 2023 Standard & Poor's, Inc.
−Removed: Used with permission.
−Removed: All rights reserved.
−Removed: 2018 2019 2020 2021 2022 2023
Logitech $ 100 $ 111 $ 274 $ 195 $ 157 $ 246
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.