An announcement from Align Tech ( (ALGN) ) is now available.
Align Technology announced on February 25, 2025, its plan to repurchase $225 million of its common stock, completing its $1.0 billion stock repurchase program approved in January 2023. This move reflects the company’s strong financial position and confidence in its growth strategy, aiming to provide value to shareholders while continuing to transform the orthodontic industry through strategic investments.
More about Align Tech
Align Technology, Inc. is a leading global medical device company that designs, manufactures, and sells the Invisalign System of clear aligners, iTero intraoral scanners, and exocad CAD/CAM software for digital orthodontics and restorative dentistry. The company serves over 271.6 thousand doctor customers and has helped treat approximately 19.5 million patients worldwide.
YTD Price Performance: -8.52%
Average Trading Volume: 761,572
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.24B
See more insights into ALGN stock on TipRanks’ Stock Analysis page.