NATICK, Mass. (AFX) - Cognex Corp., which makes machine vision sensors and systems, said Thursday its board authorized a $100 million share repurchase program and a 6 percent increase in its dividend payout.
The company said it will pay a quarterly dividend of 8.5 cents on Aug. 25, to shareholders of record on Aug. 11.
Cognex has about 46.6 million shares outstanding.
In after-hours trading, shares of the company added 4 cents to $21.50.
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