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Align Technology Announced $250M Accelerated Stock Repurchase Agreement; CEO Joe Hogan Intends To Personally Purchase $1.0 Million Of Align's Common Stock
Align Technology, Inc. ALGN | 162.89 | +0.10% |
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 Align’s $1.0 billion stock repurchase program that was approved by Align's Board of Directors in January 2023.


