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Shareholders' Equity
3 Months Ended
Jun. 30, 2023
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders’ Equity
Share Repurchases

2020 Share Repurchase Program

In May 2020, the Company's Board of Directors approved the 2020 share repurchase program, which authorized the Company to use up to $250.0 million to purchase Logitech shares. Shares may be repurchased from time to time on the open market, through block trades or otherwise. Purchases may be started or stopped at any time without prior notice depending on market conditions and other factors. In April 2021, the Company's Board of Directors approved an increase of $750.0 million of the 2020 share repurchase program, to an aggregate amount of $1.0 billion. The Swiss Takeover Board approved this increase and it became effective on May 21, 2021. In July 2022, the Company’s Board of Directors approved an increase of $500 million to the 2020 share repurchase program, to an aggregate amount of up to $1.5 billion. The Swiss Takeover Board approved this increase and it became effective on August 19, 2022. As of June 30, 2023, $411.0 million was available for repurchase under the 2020 share repurchase program. The 2020 share repurchase program expired on July 27, 2023.

2023 Share Repurchase Program

In June 2023, the Company's Board of Directors approved a new, three-year share repurchase program, which allows the Company to use up to $1.0 billion to repurchase its shares. The Swiss Takeover Board approved the 2023 share repurchase program in July 2023 and the program will become effective on July 28, 2023. Swiss law limits a company’s ability to hold or repurchase its own shares. Generally, the aggregate par value of all shares held by the company and its subsidiaries may not exceed 10% of the registered share capital of the company, which for Logitech corresponds to 17.3 million shares. Shares may be repurchased from time to time on the open market, through block trades or otherwise. Purchases may be started or stopped at any time without prior notice depending on market conditions and other factors.
Accumulated Other Comprehensive Income (Loss)
 
The accumulated other comprehensive income (loss) was as follows (in thousands):
Cumulative Translation AdjustmentDefined Benefit PlansDeferred Hedging Gains (Losses) Total
March 31, 2023$(100,869)$4,525 $(3,933)$(100,277)
Other comprehensive income (loss)(1,529)(4)2,282 749 
June 30, 2023$(102,398)$4,521 $(1,651)$(99,528)