06.11.2023 14:44:00 - dpa-AFX: Align Technology To Repurchase $100 Mln Of Common Stock

WASHINGTON (dpa-AFX) - Align Technology, Inc. (ALGN) said it is planning to
repurchase $100 million of common stock through open market repurchases under
$1.0 billion stock repurchase program that was approved by Board in January
2023. The open market repurchase is in addition to the $250 repurchase of common
stock under an accelerated stock repurchase agreement that was announced on
October 27, 2023.

Align also announced that Joe Hogan, president and CEO, plans to personally
purchase $1.0 million of common stock. The amount is in addition to the $1.0
million of common stock that Joe Hogan recently purchased.

As of September 30, 2023, Align had approximately 76.6 million shares
outstanding and $1.3 billion in cash, cash equivalents and short-term and
long-term marketable securities.



Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ALIGN TECHNOLOGY DL-,0001 590375 Frankfurt 256,900 15.05.24 20:42:11 +1,300 +0,51% 0,000 0,000 254,900 255,600

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH