May 1, 2017 / 12:16 PM / 3 months ago

BRIEF-Cognex authorizes new stock buyback program

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May 1 (Reuters) - Cognex Corp:

* Cognex authorizes new stock buyback program

* Cognex Corp - board of directors has authorized purchase of up to $100 million of Cognex common stock

* Cognex Corp - new authorization will commence after cognex completes an existing $100 million repurchase program

* Cognex Corp - repurchase program is intended to help reduce share dilution associated with company's equity incentive plans Source text for Eikon: Further company coverage:

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