Analogic Board of Directors Authorizes Stock Repurchase of up to $30M

Analogic Corporation

announced today that its Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock. The repurchase program will be funded using the Company's available cash. As of October 31, 2011, Analogic had cash and cash equivalents of approximately $151 million. The Company had approximately 12.2 million shares of common stock outstanding as of November 24, 2011.