Logitech 2003 Annual Report Download - page 47

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34
High Low
Annual Highs and Lows
Fiscal 1999............................................................................................................... 7.88$ 4.25$
Fiscal 2000............................................................................................................... 37.50$ 6.13$
Fiscal 2001............................................................................................................... 38.25$ 18.75$
Fiscal 2002............................................................................................................... 48.25$ 18.12$
Fiscal 2003............................................................................................................... 53.25$ 21.85$
Quarterly Highs and Lows
Fiscal 2002:
First quarter....................................................................................................... 32.25$ 21.38$
Second quarter................................................................................................... 32.37$ 18.12$
Third quarter...................................................................................................... 39.19$ 19.40$
Fourth quarter.................................................................................................... 48.25$ 35.00$
Fiscal 2003:
First quarter....................................................................................................... 53.25$ 41.35$
Second quarter................................................................................................... 46.03$ 22.20$
Third quarter...................................................................................................... 38.50$ 21.85$
Fourth quarter.................................................................................................... 34.78$ 29.05$
Monthly Highs and Lows
October 2002........................................................................................................... 32.00$ 21.85$
November 2002........................................................................................................ 36.75$ 28.96$
December 2002........................................................................................................ 38.50$ 29.33$
January 2003............................................................................................................ 34.78$ 29.58$
February 2003.......................................................................................................... 33.95$ 30.65$
March 2003.............................................................................................................. 33.98$ 29.05$
B. Plan of Distribution
Not applicable.
C. Markets on which our Shares Trade
Logitech Registered Shares and Convertible Bonds.
The principal trading market for our registered shares and our convertible bonds is the Swiss Exchange, on which
our registered shares have been traded since 1988 under the symbol “LOGN”. As of March 31, 2003, there were
47,901,655 registered shares issued and outstanding (less 2,454,857 shares held as treasury stock) held by 6,814
holders of record.
Trading Practices and Procedures on the Swiss Exchange
The Swiss Exchange is a private organization comprised of 98 members as of March 31, 2003. There are
approximately 255 Swiss companies and 135 foreign companies listed on the Swiss Exchange. Securities traded on
the Swiss Exchange include Swiss and foreign bonds, equities, investment funds, rights and warrants.
The Swiss Exchange is an order-driven exchange system. Transactions on the Swiss Exchange are transmitted
electronically via a high-speed computer processing center. Trading is divided into three separate phases: pre-
opening, opening and continuous trading. During the pre-opening phase, the system is available for entries into the
order book, inquiries and reporting off-exchange transactions, which are subject to additional regulations. During the
opening phase, the system fixes the opening price for the particular security. During the continuous trading phase
orders are matched. The Swiss Exchange interrupts, for limited periods, trading in a security that is subject to
significant price fluctuation.
Logitech American Depositary Shares
The Logitech ADSs, each representing one registered share, have since March 27, 1997 been listed on the
Nasdaq National Market under the symbol “LOGI”. The Bank of New York serves as depositary with respect to the
Logitech ADSs traded on that market. As of March 31, 2003, according to the records of the Bank of New York,