Logitech 2008 Annual Report Download - page 47

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25
Nasdaq Global Select Market
The following table sets forth certain historical share price information for the Company’s shares
traded on the Nasdaq Global Select Market. Share prices have been adjusted to reflect a two-for-one
split in July 2006. Prior to October 2006 Logitech ADSs traded on Nasdaq, with each ADS representing
one share.
Price per share on Nasdaq
High Low
$$
Quarterly Highs and Lows:
Fiscal 2007:
First quarter . . . . . . . . . . . . . . . . . . . . . . . . 22.00 18.62
Second quarter . . . . . . . . . . . . . . . . . . . . . . 22.51 17.17
Third quarter . . . . . . . . . . . . . . . . . . . . . . . 30.56 21.26
Fourth quarter. . . . . . . . . . . . . . . . . . . . . . . 29.40 25.53
Fiscal 2008:
First quarter . . . . . . . . . . . . . . . . . . . . . . . . 28.96 25.36
Second quarter . . . . . . . . . . . . . . . . . . . . . . 29.55 25.76
Third quarter . . . . . . . . . . . . . . . . . . . . . . . 37.07 29.00
Fourth quarter. . . . . . . . . . . . . . . . . . . . . . . 36.20 23.91
Dividends
Under Swiss law, a corporation may only pay dividends upon a vote of its shareholders. This vote
typically follows the recommendation of the corporation’s board of directors. Logitech has not paid
dividends since 1996 in order to retain earnings for use in the operation and expansion of the business and,
in more recent years, to repurchase its shares.