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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News
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- Align Technology, Inc. (NASDAQ: ALGN) had its price target raised by analysts at Bank of America Co. from $200.00 to $206.00. They now have an "underperform" rating on the stock.MarketBeat
- National Philanthropic Trust Welcomes Two Board Members [Yahoo! Finance]Yahoo! Finance
- Align Technology, Inc. (NASDAQ: ALGN) is now covered by analysts at Mizuho. They set an "outperform" rating and a $295.00 price target on the stock.MarketBeat
ALGN
Earnings
- 10/23/24 - Beat
ALGN
Sec Filings
- 11/25/24 - Form 144
- 11/5/24 - Form 10-Q
- 10/25/24 - Form 8-K
- ALGN's page on the SEC website