Align Technology (ALGN) Announces $250M Accelerated Share Buyback
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Align Technology Announces $250 Million Accelerated Stock Repurchase Agreement
October 27, 2023 8:30 AM EDTJoe Hogan, president and CEO, intends to personally purchase $1.0 million of Aligns common stock
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 has entered into a new accelerated stock repurchase agreement ("ASR") with Citibank, N.A. (Citi), to repurchase $250 million of Align's common stock under Aligns $1.0 billion stock repurchase program... More
