Logitech 2011 Annual Report Download - page 168

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156
SIX Swiss Exchange
The following table sets forth certain historical share price information for the Company’s shares traded on
the SIX Swiss Exchange, as reported by the SIX Swiss Exchange. The U.S. dollar equivalent is based on the noon
buying rate on the trading day of the month in which the high or low closing sales price occurred. The noon buying
rate is the rate in New York City for cable transfers in selected currencies as certified for customs purposes by the
Federal Reserve Bank of New York.
Price per share on the
SIX Swiss Exchange
High Low High Low
CHF CHF $ $
Quarterly Highs and Lows:
Fiscal year 2011:
First quarter ............................................ 18.76 14.76 17.48 13.66
Second quarter .......................................... 17.25 14.24 16.54 13.18
Third quarter ........................................... 20.53 16.64 20.64 17.08
Fourth quarter .......................................... 18.78 16.12 19.28 17.50
Fiscal year 2010:
First quarter ............................................ 16.80 11.94 14.85 10.41
Second quarter .......................................... 20.10 14.30 19.21 13.17
Third quarter ........................................... 19.21 16.44 18.95 15.87
Fourth quarter .......................................... 19.23 16.40 18.40 15.10
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.
Price per share on Nasdaq
High Low
$ $
Quarterly Highs and Lows:
Fiscal year 2011:
First quarter ................................................... 17.84 13.41
Second quarter ................................................. 16.54 13.36
Third quarter .................................................. 21.89 17.02
Fourth quarter ................................................. 19.97 17.69
Fiscal year 2010:
First quarter ................................................... 15.19 10.64
Second quarter ................................................. 19.15 13.32
Third quarter .................................................. 18.95 15.85
Fourth quarter ................................................. 18.49 15.40
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.