Logitech (LOGI) Intends to Ask Shareholders to Approve One-Time Dividend
Tweet Send to a Friend
Up)
Logitech International (Nasdaq: LOGI) will ask shareholders to approve a one-time dividend, distributed out of capital contribution reserves. The total amount may not exceed CHF 125,650,814. Logitech will ask for the vote at the Company’s annual general meeting in Lausanne, Switzerland on Sept. 5, 2012.
The estimated amount per share is CHF 0.81, based on 156 million dividend-bearing shares outstanding as of June 30, 2012. Dividend-bearing shares include all shares issued, except for treasury shares held by Logitech International S.A., as of the record date, which is expected to be Sept. 17, 2012. The approximate payment date for the dividend is expected to be Sept. 18, 2012.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The estimated amount per share is CHF 0.81, based on 156 million dividend-bearing shares outstanding as of June 30, 2012. Dividend-bearing shares include all shares issued, except for treasury shares held by Logitech International S.A., as of the record date, which is expected to be Sept. 17, 2012. The approximate payment date for the dividend is expected to be Sept. 18, 2012.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Group 1 Automotive (GPI) Raises Qtr. Dividend to $0.16; Yields 1.0%
- Potential 'Rip' Today in Transocean (RIG), Analyst has Eye on May $57.50 Calls
- Wheeler REIT (WHLR) Declares $0.035 Quarterly Dividend; 2.3% Yield
Create E-mail Alert Related Categories
DividendsRelated Entities
Dividend
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
