secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0001157523-22-000286
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex authorizes $500M share repurchase program, replacing $200M prior program
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- Board authorized up to $500M of share repurchases, completing prior $200M program from March 2020.
- Repurchases may be made through open market or privately negotiated transactions, subject to market conditions.
- Board reauthorized establishment of Rule 10b5-1 trading plans for repurchases during blackout periods.
- Program primarily intended to reduce dilution from equity-based incentive compensation for employees.
- No expiration date given; purchases depend on stock price, share availability, and cash requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000115752322000286/0001157523-22-000286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000115752322000286/a52589557.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000286

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