strategic growth

At its annual general meeting, Logitech appointed Guy Gecht as the new chairperson, succeeding Wendy Becker. Shareholders approved a dividend of CHF 1.26 per share, an increase from the previous year, demonstrating financial strength. All incumbent board members were re-elected. Gecht’s appointment is viewed as a strategic move, leveraging his technology leadership experience to drive innovation and growth. The dividend will be paid on September 24, 2025.

Avnet (AVT) announced a 6% increase in its quarterly cash dividend, raising it to $0.35 per share. Payable on September 26, 2025, to shareholders of record on September 17, 2025, this decision reflects confidence in Avnet’s financial health and robust cash flow, enabling shareholder rewards and simultaneous investment in strategic growth. CEO Phil Gallagher emphasized the company’s commitment to balancing shareholder returns with long-term investments amidst a dynamic technology landscape, including IoT, AI, and electric vehicles.

Honor executives, including CEO Li Jian, discussed the company’s IPO plans after launching the Honor 400 series. CFO Peng Qiuen confirmed completed shareholding restructuring and engagement of financial advisors, legal counsel, and accounting firms. The IPO timing will depend on market conditions and strategic development, aiming for stakeholder satisfaction. This follows Honor’s legal transformation into a joint-stock limited company. The company intends to pursue an IPO to fuel strategic growth.