Align Technology to repurchase $150M in stock

Dental technology company Align Technology is repurchasing $150 million of its common stock.

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The plan is part of the company’s $1 billion repurchase program that was approved by Align’s board in 2023, according to an April 26 news release. 

Align will purchase the stocks through open-market repurchases with the company’s cash on hand. 

The company expects to complete the repurchase by the end of July 2024, the release said. 

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