News Releases: Corporate

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  • 6/30/08 2:33 pm CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN) announced today that it has completed the acquisition of NavCor Oy (“NavCor”), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Finland. The company will be renamed Garmin Suomi Oy and will retain its management, sales, marketing and supporting staff, and will continue operations at its current headquarters and warehouse facility located in Lohja, Finland. Dr.more...
  • 6/6/08 2:09 pm CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that its board of directors has approved the payment of a 2008 annual cash dividend in the amount of $0.75 per share. The dividend is payable to shareholders of record on December 1, 2008 and will be paid on December 15, 2008. Garmin Ltd. also announced that its board of directors approved a share repurchase program authorizing the company to purchasemore...
  • 6/4/08 2:23 pm CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN) announced today that it has adopted a Rule 10b5-1 plan covering five million shares of the 10 million shares repurchase authorization that was approved by the company’s board of directors on June 6, 2008. A plan under Rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods. Amore...
  • 5/30/08 2:06 pm CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN) announced today that it has completed the acquisition of Formar Electronics N.V./ S.A. (“Formar”), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Belgium and Luxembourg. The company will be renamed Garmin Belux N.V./S.A and will retain its management, sales, marketing and supporting staff, consisting of 25 people and will continue operations at its current headquarters andmore...
  • 5/2/08 5:00 am CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today made available its 2007 annual report to shareholders on the Garmin Investor Relations Web site at http://www8.garmin.com/aboutGarmin/invRelations/finReports.html. Hard copies are available free of charge to Garmin Ltd. shareholders by calling the Garmin Investor Relations department at (913) 397-8200. Garmin Ltd. has also provided the annual report to the Securities andmore...
  • 5/1/08 5:00 am CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN) announced today that it has signed letters of intent for the proposed acquisition of Puls Elektronik GmbH (“Puls Elektronik”), the distributor of Garmin’s consumer products in Austria and Satsignal Equipamentos de Comunicações e de Navegação S.A. (“Satsignal”), the distributor of Garmin’s consumer products in Portugal. The completion of each of these acquisitions is subject to the negotiation and execution of amore...
  • 4/30/08 5:00 am CDT
    Corporate
    Click here for the details in PDF format. more...
  • 3/31/08 7:00 am CDT
    Corporate
    Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that users can now send locations found on Google Maps™, an innovative online mapping service, directly to their Garmin personal navigation device. “Given the amount of time we all spend at a computer or in our cars, teaming with Google Maps gives users the versatility of planning their travels at their keyboard inmore...
  • 3/31/08 7:00 am CDT
    Corporate
    MapQuest, Inc. and Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced plans for the upcoming launch of a new feature that will allow consumers to send trip planning results from MapQuest.com, the #1 online mapping website,* directly to their Garmin personal navigation device. Through the partnership, users can find a place, as well as plan and research routes, atmore...
  • 3/18/08 6:00 am CDT
    Corporate
    Garmin Ltd. (NASDAQ: GRMN) today announced that it is the global leader in portable satellite navigation sales, having sold more personal navigation devices (PNDs) in 2007 than any other manufacturer. The research was provided by Canalys, a leading independent technology market analyst firm. “These figures validate our associates’ hard work and commitment to innovation, value, and satisfying our customers,” said Cliff Pemble,more...
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