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Align Technology To Complete Buyback Program With $225 Mln Stock Repurchase

February 25, 2025 — 10:03 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Align Technology, Inc. (ALGN), a global company in medical devices for digital orthodontics, Tuesday announced plans to repurchase $225 million of its common stock through open market transactions. This move will complete the company's $1 billion stock repurchase program, which was authorized by the Board of Directors in January 2023.

The repurchases, are expected to be completed by May 2025 using cash on hand.

ALGN is currently trading at $189.09 down 0.86 percent or $1.04 on the Nasdaq.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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