Align Technology, Inc. announced on May 6, 2025, that its Board of Directors has authorized a new stock repurchase program, allowing the company to purchase up to $1.0 billion of its common stock. This new program is in addition to the previous $1.0 billion stock repurchase program, which was completed with a $225 million repurchase announced on February 25, 2025.
This authorization reflects the Board's and management's continued confidence in Align's long-term strategy, market opportunity, and strong cash flow generation. The company aims to enhance stockholder value by balancing investments for growth with disciplined capital allocation.
The timing and amount of repurchases under this new program will be based on market conditions and other factors. This strategic financial move underscores Align's commitment to returning value to its shareholders.
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