Align Technology Announces $200 Million Stock Repurchase Program

Align Technology, Inc. announced its intention to repurchase $200.0 million of its common stock. This repurchase will be conducted through open market transactions under the company's existing $1.0 billion stock repurchase program, which was approved by the Board of Directors in April 2025. The company's CFO, John Morici, stated that this move reflects confidence in the company's long-term strategy and growth opportunities, underscoring the strength of its balance sheet and cash flow generation. The repurchases are expected to be completed by October 2026 and will be funded by the company's cash on hand. As of March 31, 2026, Align Technology had approximately 71.6 million shares outstanding and $1,059.8 million in cash and cash equivalents. The company is focused on executing its strategic priorities and delivering value to doctors, patients, and stockholders through sustainable growth.