Align Technology Announces $200 Million Open Market Repurchase
Align Technology, Inc. announced plans to repurchase $200 million of its common stock as part of a $1 billion stock repurchase program approved in April 2025. The repurchases reflect management and board confidence in Align’s long-term strategy and growth opportunities. The stocks will be bought back through open market transactions, expected to be funded with Align’s cash reserves, and are anticipated to be completed by October 2026.
TEMPE, Ariz. –(BUSINESS WIRE)–May 1, 2026– 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