Dividends & Buybacks ·
Align Technology enters $270M accelerated share repurchase agreement
ALGNAlign Technology Inc
Align Technology entered an accelerated share repurchase (ASR) agreement with Goldman Sachs to buy back $270 million of its common stock. The company prepaid the full amount and received an initial delivery of approximately 1.44 million shares, with final settlement expected by December 29, 2026. This transaction reduces the remaining capacity under the board-approved $1.0 billion repurchase program to approximately $330 million. The buyback is funded using cash on hand and brings Align's total share repurchases for 2026 to roughly $500 million. Align Technology designs, manufactures, and sells digital orthodontic solutions, including the Invisalign clear aligner system.