Align Technology plans $200 million stock repurchase over six months
Updated
Updated · MarketWatch · Apr 29
Align Technology plans $200 million stock repurchase over six months
9 articles · Updated · MarketWatch · Apr 29
The buyback program will begin May 1, with $800 million remaining under the $1 billion authorization after previous repurchases.
Align reported first-quarter adjusted earnings of $2.58 per share, beating analyst estimates, and revenue of $1.04 billion, also ahead of expectations.
The company sees no material impact yet from the war in Iran or new U.S. tariffs, but is monitoring risks and reaffirmed its full-year revenue growth outlook of 3% to 4%.
Why is Align's Q2 revenue forecast so conservative after a record-breaking first quarter?
What is driving Align’s huge growth in international markets versus North America?
How can Align dismiss tariff impacts when industry rivals expect massive costs?
Is a $200 million buyback the best use of cash for a company focused on innovation?
Beyond its current AI, what is Align's next disruptive technology for the dental market?
How sustainable is demand for clear aligners if global economic growth slows down?