Logitech CEO says expanded buyback no block to big acquisitions


FILE PHOTO: Logitech keyboards are seen in the computer shop in Zenica, Bosnia and Herzegovina October 20, 2020. REUTERS/Dado Ruvic

ZURICH (Reuters) - Logitech's expanded share buyback will not hinder the tech company's ability to make big acquisitions, Chief Executive Bracken Darrell said on Thursday.

"We have plenty of financial capacity to do small, medium or large acquisitions," Darrell told Reuters after the computer peripherals maker quadrupled the size of its buyback to $1 billion while posting record annual results.

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