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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!