Current Report Filing (8-k)
October 29 2018 - 4:26PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of
report (Date of earliest event reported): October 29, 2018
Cognex Corporation
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(Exact name of registrant as specified in charter)
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Massachusetts
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001-34218
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04-2713778
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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One Vision Drive, Natick, Massachusetts
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01760-2059
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(Address of principal executive offices)
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(Zip Code)
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Registrant's telephone number, including area code:
(508)
650-3000
N/A
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(Former name or former address, if changed since last report.)
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Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions
(
see
General Instruction A.2.
below):
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
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Emerging growth company
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⃞
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If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act.
Item 2.02 Results of Operations and Financial Condition
On October 29, 2018, Cognex Corporation (the “Company”) issued a news
release to report its financial results for the quarter ended September
30, 2018. The release is furnished as Exhibit 99.1 hereto. The
information in Item 2.02 of this Current Report on Form 8-K, including
the Exhibit attached hereto, shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall it be
deemed to be incorporated by reference in any filing under the
Securities Act of 1933 or the Securities Exchange Act of 1934,
regardless of any general incorporation language in such filing.
Item
8.01 Other Events
On October 29, 2018, the Company announced that its Board of Directors
declared a quarterly cash dividend of $0.05 per share, payable on
November 30, 2018 to all shareholders of record at the close of business
on November 16, 2018. This dividend represents an increase of $0.005 per
share, or 11%, over the $0.045 per share dividend paid in the prior
quarter.
On October 29, 2018, the Company announced that its Board of Directors
has authorized the purchase of up to $200 million of the Company’s
common stock in open market transactions. This new authorization is in
addition to the $150 million stock repurchase program that was announced
by the Company on February 15, 2018, of which approximately $53 million
remains available as of the date of this Current Report on Form
8-K. Purchases under the new authorization can commence once the
Company completes the existing program and will be subject to market
conditions and other relevant factors. The Company may suspend or
discontinue the stock repurchase program at any time.
Item
9.01 Financial Statements and Exhibits
(d) Exhibits
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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COGNEX CORPORATION
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Dated:
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October 29, 2018
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By: /s/ John J. Curran
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John J. Curran
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Senior Vice President of Finance,
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Chief Financial Officer and
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Treasurer
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