1 unchanged sentence
The Company’s common stock is traded on The NASDAQ Stock Market LLC, under the symbol CGNX.
−Removed: As of January 26, 2025, there were approximately 600 shareholders of record of the Company’s common stock.
+Added: As of February 1, 2026, there were approximately 600 shareholders of record of the Company’s common stock.
The Company believes the number of beneficial owners of the Company’s common stock on that date was substantially greater.
−Removed: In March 2020, the Company's Board of Directors authorized the repurchase of $200,000,000 of the Company's common stock.
−Removed: Under this March 2020 program, in addition to repurchases made in prior years, the Company repurchased 1,677,000 shares at a cost of $117,000,000 in 2022, which completed purchases under the March 2020 program.
−Removed: In March 2022, the Company's Board of Directors authorized the repurchase of an additional $500,000,000 of the Company's common stock.
−Removed: Under this March 2022 program, the Company repurchased 1,682,000 shares at a cost of $87,314,000 in 2022, 1,723,000 shares at a cost of $79,794,000 in 2023, and 1,711,000 shares at a cost of $67,085,000 in 2024, leaving a remaining balance of $265,807,000 as of December 31, 2024.
−Removed: The 2023 repurchase included $446,000 of buyback Excise Tax in accordance with the Inflation Reduction Act of 2022.
−Removed: The Company may repurchase shares under this program in future periods depending on a variety of factors, including, among other things, the impact of dilution from employee stock awards, stock price, share availability, and cash requirements.
+Added: In March 2022, the Board authorized a program providing for the repurchase of up to $500,000,000 of the Company's common stock (the "Program").
+Added: Under the Program, in addition to repurchases made in prior years, the Company repurchased 1,723,000 shares at a cost of $79,794,000 in 2023, 1,711,000 shares at a cost of $67,085,000 in 2024, and 4,234,000 shares at a cost of $151,233,000 in 2025, leaving a remaining balance of $115,020,000 as of December 31, 2025.
+Added: On February 11, 2026, the Board authorized the repurchase of an additional $500,000,000 of the Company's common stock upon completion of the Program.
+Added: The Company may repurchase shares under these programs in future periods depending on a variety of factors, including, among other things, the impact of dilution from employee stock awards, stock price, share availability, and cash requirements.
The Company is authorized to make repurchases of its common stock through open market purchases, pursuant to Rule 10b5-1 trading plans, or in privately negotiated transactions.
−Removed: The following table sets forth information with respect to purchases by the Company of shares of its common stock during each fiscal month of the fourth quarter of 2024:
−Removed: Total Number of
−Removed: Shares Purchased Average
−Removed: per Share Total Number of
−Removed: Shares Purchased as
−Removed: Part of Publicly
−Removed: Announced Plans or
−Removed: Programs Approximate Dollar
−Removed: Value of Shares that
−Removed: Purchased Under the
−Removed: Plans or Programs
+Added: The following table sets forth information with respect to purchases by the Company of shares of its common stock pursuant to the Program during each fiscal month of the fourth quarter of 2025:
+Added: Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased
+Added: Under the Plans or Programs
September 29, 2025 - October 26, 2025 — — — 140,020,000
−Removed: 119,000 $ 39.45 119,000 $ 304,355,000
October 27, 2025 - November 23, 2025 640,522 39.03 640,522 115,020,000
−Removed: 109,000 39.71 109,000 300,007,000
November 24, 2025 - December 31, 2025 — — — 115,020,000
−Removed: 928,000 36.87 928,000 265,807,000
Total 640,522 $ — 640,522 $ 115,020,000
The information required by Item 5 of Form 10-K regarding equity compensation plans is incorporated herein by reference to Item 12 of Part III of this Annual Report.
−Removed: The Company’s Board of Directors declared and paid cash dividends of $0.065 per share in the first, second, and third quarters of 2022, $0.070 per share in the fourth quarter of 2022 and in the first, second, and third quarters of 2023, and $0.075 per share in the fourth quarter of 2023 and in the first, second, and third quarters of 2024.
+Added: The Board declared and paid cash dividends of $0.070 per share in the first, second, and third quarters of 2023, $0.075 per share in the fourth quarter of 2023 and in the first, second, and third quarters of 2024, and $0.080 per share in the fourth quarter of 2024 and in the first, second, and third quarters of 2025.
The dividend was increased to $0.085 per share in the fourth quarter of 2025.
Total dividends paid were $54,627,000 in 2025, $52,329,000 in 2024, and $49,079,000 in 2023.
−Removed: Future dividends will be declared at the discretion of the Company's Board of Directors and will depend on such factors as the Board deems relevant, including, among other things, the Company's ability to generate positive cash flow from operations.
−Removed: Table of Content
+Added: Future dividends will be declared at the discretion of the Board and will depend on such factors as the Board deems relevant, including, among other things, the Company's ability to generate positive cash flow from operations.
Set forth below is a line graph comparing the annual percentage change in the cumulative total shareholder return on the Company’s common stock, based on the market price of the Company’s common stock, with the total return on companies within the Nasdaq Composite Index and the Nasdaq Lab Apparatus & Analytical, Optical, Measuring & Controlling Instrument (SIC 3820-3829 US Companies) Index (the “Nasdaq Lab Apparatus Index”).
10 unchanged sentences
Companies) Lab Apparatus & Analyt, Opt, Measuring, and Controlling Instrument)
−Removed: Table of Content
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.