Align Technology (ALGN) Announces $275M Open Market Repurchase

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Go back to Align Technology (ALGN) Announces $275M Open Market Repurchase

Align Technology Announces $275 Million Open Market Repurchase

October 25, 2024 8:30 AM EDT

TEMPE, Ariz.--(BUSINESS WIRE)-- Align Technology, Inc. (Align) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero intraoral scanners, and exocad CAD/CAM software for digital orthodontics and restorative dentistry, today announced that it is planning to repurchase $275 million of Aligns common stock through open market repurchases under Aligns $1.0 billion stock repurchase program that was approved by Align's Board of Directors in January 2023.

Todays announcement of our intention to repurchase $275 million of our common stock through open market repurchases... More