Align Technology Announces $200 Million Share Repurchase Plan

MT Newswires Live

05/01

Align Technology (ALGN) said Friday it plans to repurchase $200 million of its common stock through open-market transactions under its existing $1 billion buyback program approved in April 2025.

The company said the buybacks will be carried out under a Rule 10b5-1 plan and are expected to be completed by October 2026.

Align plans to fund the buyback using its existing cash reserves, it added.

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