Align Technology Announces $275 Million Open Market Repurchase
Align Technology, Inc. (ALGN)
Last align technology, inc. earnings: 4/29 04:00 pm
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US:NASDAQ Investor Relations:
investor.aligntech.com/investor-relations
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Source: Business Wire
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 Align’s common stock through open market repurchases under Align’s $1.0 billion stock repurchase program that was approved by Align's Board of Directors in January 2023.“Today’s announcement of our intention to repurchase $275 million of our common stock through open market repurchases reflects the strength of our balance sheet and cash flow generation, as well as management's and the Board’s continued confidence in our ability to capitalize on our large and untapped market opportunity while allowing us to provide value back to our shareholders,” said John Morici, Align CFO and executive vice president, global fin
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ALGN
News
- ALGN Stock Rise on the Release of Invisalign Smile Architect Software [Yahoo! Finance]Yahoo! Finance
- Align Technology: A Change In Plans After Mixed Q3 Earnings [Seeking Alpha]Seeking Alpha
- Align Technology, Inc. (NASDAQ: ALGN) had its price target lowered by analysts at Morgan Stanley from $310.00 to $280.00. They now have an "overweight" rating on the stock.MarketBeat
- Align Technology, Inc. (NASDAQ: ALGN) had its price target lowered by analysts at Stifel Nicolaus from $285.00 to $275.00. They now have a "buy" rating on the stock.MarketBeat
- ALGN Q3 Earnings Top Estimates, Revenues Miss, Stock Falls [Yahoo! Finance]Yahoo! Finance
ALGN
Earnings
- 10/23/24 - Beat
ALGN
Sec Filings
- 10/25/24 - Form 8-K
- 10/23/24 - Form 8-K
- 8/19/24 - Form 4
- ALGN's page on the SEC website