{"id":957023,"date":"2026-05-01T05:58:09","date_gmt":"2026-05-01T09:58:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/align-technology-announces-200-million-open-market-repurchase-2\/"},"modified":"2026-05-01T05:58:09","modified_gmt":"2026-05-01T09:58:09","slug":"align-technology-announces-200-million-open-market-repurchase-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/align-technology-announces-200-million-open-market-repurchase-2\/","title":{"rendered":"Align Technology Announces $200 Million Open Market Repurchase"},"content":{"rendered":"

<\/p>\n

Align Technology Announces $200 Million Open Market Repurchase<\/b><\/p>\n

TEMPE, Ariz.–(BUSINESS WIRE<\/a>)–
\nAlign Technology, Inc. (\u201cAlign\u201d) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign\u00ae<\/sup> System of clear aligners, iTero\u2122 intraoral scanners, and exocad\u2122 CAD\/CAM software for digital orthodontics and restorative dentistry, today announced that it is planning to repurchase $200.0 million of Align\u2019s common stock through open market repurchases under Align\u2019s $1.0 billion stock repurchase program that was approved by Align\u2019s Board of Directors in April 2025.<\/p>\n

\n\u201cWe intend to repurchase $200.0 million of our common stock through open market transactions, reflecting the confidence management and the Board have in our long\u2011term strategy and growth opportunity,\u201d said John Morici, Align CFO and executive vice president, global finance. \u201cThis action underscores the strength of our balance sheet and our ability to generate strong cash flow. We remain focused on executing our strategic priorities, delivering meaningful outcomes for doctors and patients, and creating long\u2011term stockholder value through sustainable growth and performance. We are operating with a clear focus on disciplined execution\u2014prioritizing the areas we control and continuing to invest thoughtfully in the capabilities and initiatives that will define Align\u2019s future.\u201d<\/p>\n

\nThe open market repurchases of Align\u2019s common stock will be executed pursuant to a Rule 10b5-1 trading plan. The timing and number of shares repurchased will be based on an evaluation of market conditions and other factors, including stock price, trading volume, general business and market conditions, and capital availability. The repurchases are expected to be completed by October 2026 and will be funded with Align\u2019s cash on hand. As of March 31, 2026, Align had approximately 71.6 million shares outstanding and $1,059.8 million in cash and cash equivalents, of which $206.6 million is held domestically and is being used to support the open market repurchases under the latest trading plan and $853.2 million is held outside the United States.<\/p>\n

About Align Technology, Inc.<\/span><\/b><\/p>\n

\nAlign Technology designs and manufactures the Invisalign\u00ae<\/sup> System, the most advanced clear aligner system in the world, iTero\u2122 intraoral scanners and services, and exocad\u2122 CAD\/CAM software. These technology building blocks enable enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies for approximately 299.5 thousand doctor customers and are key to accessing Align\u2019s 600 million consumer market opportunity worldwide. Over the past 29 years, Align has helped doctors treat approximately 22.8 million patients with the Invisalign System and is driving the evolution in digital dentistry through the Align\u2122 Digital Platform, our integrated suite of unique, proprietary technologies and services delivered as a seamless, end-to-end solution for patients and consumers, orthodontists and GP dentists, and lab\/partners. Visit www.aligntech.com<\/a> for more information.<\/p>\n

\nFor additional information about the Invisalign System or to find an Invisalign doctor in your area, please visit www.invisalign.com<\/a>. For additional information about the iTero digital scanning system, please visit www.itero.com<\/a>. For additional information about exocad dental CAD\/CAM offerings and a list of exocad reseller partners, please visit www.exocad.com<\/a>.<\/p>\n

\nInvisalign, iTero, exocad, Align, Align Digital Platform and iTero Lumina are trademarks of Align Technology, Inc.<\/p>\n

Forward-Looking Statements<\/span><\/b><\/p>\n

\nThis news release contains forward-looking statements, including statements regarding: the aggregate value of common stock to be repurchased under the repurchase program; the expected completion date and form of the repurchases; our confidence in our long-term strategy and growth opportunity, and our ability to generate strong cash flow; our ability to focus on executing our strategic priorities, deliver meaningful outcomes for doctors and patients, and create long\u2011term stockholder value through sustainable growth and performance; our belief that we will continue to invest thoughtfully in capabilities and initiatives that will define Align\u2019s future; our expectation that we will finance the repurchases with cash on hand; as well as other statements regarding the planned open market repurchases under the repurchase program. Forward-looking statements contained in this press release are based upon information available to Align as of the date hereof. These forward-looking statements reflect our best judgments based on currently known facts and circumstances and are subject to risks and uncertainties, and assumptions that may be inaccurate. As a result, actual results may differ materially and adversely from those expressed or implied in any forward-looking statement.<\/p>\n

\nThe foregoing and other risks are detailed from time to time in our periodic reports filed with the Securities and Exchange Commission (“SEC”), including, but not limited to, our Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 27, 2026. Align undertakes no obligation to revise or update publicly any forward-looking statements for any reason.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260501817739\/en\/<\/a><\/span><\/p>\n

Align Technology
\n<\/span>
Madelyn Valente
\n
(909) 833-5839
\n
mvalente@aligntech.com<\/a><\/p>\n

Zeno Group
\n<\/span>
Sarah Karlson
\n
(828) 551-4201
\n
sarah.karlson@zenogroup.com<\/a><\/p>\n

KEYWORDS:<\/b> Arizona United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Health Technology Health Dental Medical Devices<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Align Technology Announces $200 Million Open Market Repurchase TEMPE, Ariz.–(BUSINESS WIRE)– Align Technology, Inc. (\u201cAlign\u201d) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign\u00ae System of clear aligners, iTero\u2122 intraoral scanners, and exocad\u2122 CAD\/CAM software for digital orthodontics and restorative dentistry, today announced that it is planning to repurchase $200.0 million of Align\u2019s common stock through open market repurchases under Align\u2019s $1.0 billion stock repurchase program that was approved by Align\u2019s Board of Directors in April 2025. \u201cWe intend to repurchase $200.0 million of our common stock through open market transactions, reflecting the confidence management and the Board have in our long\u2011term strategy and growth opportunity,\u201d said John Morici, Align CFO and executive vice … <\/p>\n

Continue reading “Align Technology Announces $200 Million Open Market Repurchase”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-957023","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAlign Technology Announces $200 Million Open Market Repurchase - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/align-technology-announces-200-million-open-market-repurchase-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Align Technology Announces $200 Million Open Market Repurchase - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Align Technology Announces $200 Million Open Market Repurchase TEMPE, Ariz.–(BUSINESS WIRE)– Align Technology, Inc. (\u201cAlign\u201d) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign\u00ae System of clear aligners, iTero\u2122 intraoral scanners, and exocad\u2122 CAD\/CAM software for digital orthodontics and restorative dentistry, today announced that it is planning to repurchase $200.0 million of Align\u2019s common stock through open market repurchases under Align\u2019s $1.0 billion stock repurchase program that was approved by Align\u2019s Board of Directors in April 2025. \u201cWe intend to repurchase $200.0 million of our common stock through open market transactions, reflecting the confidence management and the Board have in our long\u2011term strategy and growth opportunity,\u201d said John Morici, Align CFO and executive vice … Continue reading "Align Technology Announces $200 Million Open Market Repurchase"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/align-technology-announces-200-million-open-market-repurchase-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-01T09:58:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260501817739r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/align-technology-announces-200-million-open-market-repurchase-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/align-technology-announces-200-million-open-market-repurchase-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Align Technology Announces $200 Million Open Market Repurchase\",\"datePublished\":\"2026-05-01T09:58:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/align-technology-announces-200-million-open-market-repurchase-2\\\/\"},\"wordCount\":819,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/align-technology-announces-200-million-open-market-repurchase-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260501817739r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/align-technology-announces-200-million-open-market-repurchase-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/align-technology-announces-200-million-open-market-repurchase-2\\\/\",\"name\":\"Align Technology Announces $200 Million Open Market Repurchase - 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