Align Technology, Inc. announced on August 5, 2025, its plan to repurchase $200 million of its common stock through open market transactions. This repurchase is part of the company's $1.0 billion stock repurchase program that was approved by Align's Board of Directors in April 2025.
John Morici, Align CFO and Executive Vice President of Global Finance, stated that this decision reflects the continued confidence of management and the Board in the company's long-term strategy and market opportunity. It also underscores the strength of Align's balance sheet and strong cash flow generation.
The open market repurchases are expected to be completed by January 2026 and will be funded with Align’s cash on hand. As of June 30, 2025, Align had approximately 72.5 million shares outstanding and $901.2 million in cash and cash equivalents.
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