News Releases: Corporate

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  • 6/5/15 12:18 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--At Garmin Ltd.’s annual shareholders’ meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $2.04 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs as approved at the annual meeting), payable in four equal installments. The board has determined that the June installment of the dividend will be paid as indicatedmore...
  • 5/29/15 9:36 am CDT
    Corporate
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a subsidiary of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced victory today in the lawsuit brought by Silver State Intellectual Technologies, LLC, against Garmin. A jury sitting in the United States District Court for the District of Nevada found that Silver State’s patents were invalid. The decision is subject to appeal. “Garmin and others pioneered the GPS navigationmore...
  • 4/29/15 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced results for the quarter ended March 28, 2015. Highlights in the quarter include: Total revenue of $585 million in the first quarter of 2015 with fitness, outdoor, aviation and marine delivering 63% of total revenue and collectively growing 9% over the year ago quarter The relative strength of the US Dollar compared to other major currencies negativelymore...
  • 3/31/15 3:00 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2015 earnings conference call that will be broadcast over the internet on Wednesday, April 29, 2015 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on April 29, 2015. What: Garmin Ltd. First Quarter 2015 Earnings Callmore...
  • 3/12/15 12:11 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN) announced today that it has adopted a Rule 10b5-1 plan (the “Plan”) in connection with the $300 million share repurchase authorization that was approved by the company’s board of directors on February 13, 2015. 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 blackoutmore...
  • 2/24/15 6:00 am CST
    Corporate
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a global brand partnership with the Wings for Life World Run, a running and wheelchair event to raise awareness and funds to find a cure for spinal cord injury. To assist the race’s mission and to help bring awareness, Garmin will make a monetary contribution and release a special edition Wings for Life World Run vívofit® 2 activity tracker. Designed to help developmore...
  • 2/10/15 1:44 pm CST
    Corporate
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a sponsorship of the Red Bull Air Race World Championship, including serving as the official action camera sponsor and competing in the series as Garmin Racing. The sponsorship kicks-off February 13 at the championship’s inaugural event in Abu Dhabi, United Arab Emirates, where Garmin Racing pilot Pete McLeod will begin his run for the title. This globalmore...
  • 1/14/15 11:01 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2014 earnings conference call that will be broadcast over the Internet on Wednesday, February 18, 2015 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on February 18, 2015. What: Garmin Ltd. Fourth Quarter 2014 Earnings Callmore...
  • 1/14/15 7:00 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland & STELLENBOSCH, South Africa--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN) today announced that it has acquired the assets of iKubu (Pty) Ltd., a privately-held designer of computer vision and radar systems for the cycling market. iKubu was in the final stages of developing the Backtracker low-energy bike radar, a device that provides unparalleled situational awareness by giving the cyclist the speed and distance of vehicles that are approaching from behind. The road is scanned by amore...
  • 10/31/14 6:11 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--The Garmin Ltd. (NASDAQ:GRMN) board of directors has established December 31, 2014 as the payment date for the next dividend installment of $0.48 per share with a record date of December 15, 2014, per the approval previously provided at the 2014 annual shareholders’ meeting. At the 2014 annual meeting Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $1.92 per share (subject to possiblemore...
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