Subsequent Events
12 Months Ended
Dec. 26, 2009
Subsequent Events [Abstract]
Subsequent Events
15. Subsequent Events

On February 12, 2010, the Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $300 million of the common shares of Garmin Ltd. The repurchases may be made from time to time as market and business conditions warrant on the open market or in negotiated transactions in compliance with the SEC’s Rule 10b-18. The timing and amounts of any repurchases will be determined by the Company’s management depending on market conditions and other factors including price, regulatory requirements and capital availability. The program does not require the purchase of any minimum number of shares and may be suspended or discontinued at any time. The share repurchase authorization expires on December 31, 2010.

The Company evaluated subsequent events through the time of filing this Annual Report on Form 10-K on February 24, 2010.