(Reuters) -Logitech International said on Wednesday it prepares to redeem $2 billion effectively value of its shares over the next 3 years, and will definitely improve its present buyback program by $600 million.
The enterprise moreover anticipated 2026 gross sales to range from $4.53 billion to $4.71 billion, displaying potential improvement within the number of 1% to three% in united state bucks.
Logitech, whose objects include pc system mice to key-boards and net cams, verified its help for its 2025 fiscal 12 months, which fits to completion of March.
The Swiss-American enterprise, which appreciated a gross sales rise all through the pandemic lockdown, had previously said it anticipated its gross sales to develop by 5.4% to six.4% to get to $4.54 to $4.57 billion.
Logitech had really elevated its full-year projection in late January, after reporting higher gross sales and income for its very important pre-holiday quarter.
(Reporting by John Revill and Bipasha Dey; Editing by Varun H Ok)
