BackSummary
Align Technology plans to repurchase $200 million of its common stock through open market transactions by October 2026, funded with domestic cash.
Key takeaways
- Board authorized $1.0 billion repurchase program in April 2025; $200 million tranche announced.
- Repurchases will be executed under a Rule 10b5-1 trading plan by October 2026.
- Funding from domestic cash; $206.6 million held domestically as of March 31, 2026.
- CFO cites confidence in long-term strategy and strong cash flow generation.
- Approximately 71.6 million shares outstanding as of March 31, 2026.