Logitech 2012 Annual Report Download - page 201

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In fiscal year 2012, the following approved share buyback programs were in place (in thousands):
Date of Announcement
Approved
Share
Amount
Approved
Buyback
Amount
Expiration
Date
Completion
Date
Number
of Shares
Remaining(1)
Amount
Remaining
September 2008amended .... 28,465 $177,030 August 2013 12,075 $94,255
September 2008 . . . . . . . . . . . . . 8,344 250,000 August 2013
(1) Represents an estimate of the shares remaining to be repurchased calculated based on the amount remaining
to repurchase as of March 31, 2012, $94.3 million, divided by the adjusted close price of the Company’s shares
traded on the SIX Swiss Exchange as of the same date, $7.81 per share.
The Company intends to request shareholder approval at the Company’s next Annual General Meeting
of Shareholders to cancel the 9.9 million shares repurchased under the September 2008 amended share
buyback program.
Performance Graph
The information contained in the Performance Graph shall not be deemed to be ‘soliciting material’ or
filed’’ with the SEC or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, as amended
(the ‘Exchange Act’), except to the extent that we specifically incorporate it by reference into a document filed
under the Securities Act of 1933, as amended (the ‘‘Securities Act’), or the Exchange Act.
The following graph compares the cumulative total stockholder return on our shares, the Nasdaq Composite
Index, and the S&P 500 Information Technology Index. The graph assumes that $100 was invested in our shares,
the Nasdaq Composite Index and the S&P 500 Information Technology Index on March 31, 2007, and calculates
the annual return through March 31, 2012. The stock price performance on the following graph is not necessarily
indicative of future stock price performance.
Logitech Nasdaq Composite Index S&P 500 Index
Logitech Nasdaq Composite Index S&P 500 IT Index
Comparison of 5 year cumulative total return
2007 2008 2009 2010 2011 2012
$0
$20
$40
$60
$80
$100
$120
$140
March 31,
2007 2008 2009 2010 2011 2012
Logitech ............................................. $100 $91 $37 $59 $ 65 $ 28
Nasdaq Composite Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100 $94 $63 $ 99 $115 $128
S&P 500 IT Index ...................................... $100 $93 $56 $ 82 $ 93 $ 99
ANNUAL REPORT
191