CYBEROPTICS CORPORATION AUTHORIZES SHARE REPURCHASE.MINNEAPOLIS--(BUSINESS WIRE)--June 24, 1996--CyberOptics Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CYBE) announced today that its Board has approved the repurchase re·pur·chase tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es To buy (something) again. n. The act of buying something that one previously sold or owned. Noun 1. of up to 500,000 shares of CyberOptics' common stock. The shares will be repurchased from time to time in the open market or through negotiated transactions, the company said. CyberOptics has approximately 5.6 million shares outstanding. Repurchased shares will be utilized for employee compensation plans and other corporate purposes, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Kent Lillemoe, Chief Financial Officer. CyberOptics is a pioneer in the field of non-contact process control and measurement. The company's intelligent sensors An intelligent sensor takes some predefined action when it senses the appropriate input (light, heat, sound, motion, touch, etc.). Description The sensor has to do the following tasks:
CONTACT: Kent Lillemoe 612/542-5000 FAX: 612/542-5103 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion