The board of directors of Align Technology approved a new stock repurchase program.
Align is authorized to purchase up to $1 billion of its common stock over the next three years, according to a May 6 news release from the company.
In January 2023 the board authorized the company to purchase $1 billion of its stock, which was completed May 1, 2025.
As of March 31, 2025, Align Technology had about 73.1 million outstanding shares of its common stock, the release said.
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