Why Align Technology (ALGN) Stock Is Trading Higher - Align Tech (NASDAQ:ALGN)

Published on 25 Oct 2024 on Benzinga

Why Align Technology (ALGN) Stock Is Trading Higher - Align Tech (NASDAQ:ALGN)

Align Technology, Inc. ALGN shares are trading higher by 3% to $223.00 Friday morning after the company announced plans to repurchase $275 million of its common stock as part of a $1 billion stock repurchase program approved in January 2023.

What Else: CFO John Morici highlighted that this buyback reflects confidence in the company’s financial strength and growth potential within the orthodontic industry.

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Why Align Technology (ALGN) Stock Is Trading Higher - Align Tech (NASDAQ:ALGN)

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