ALGN · 10-Q · 2026Q2 · Full report

Capital Return Program

ALIGN TECHNOLOGY INC · 2026-08-05 · Importance 58 · Surprise 42 · Matches filing data

In April 2025, Align’s Board authorized a program to repurchase up to $1.0 billion of common stock over a period of up to three years. The company repurchased approximately $98 million during the first half of 2026, leaving $733 million available under the program as of June 30, 2026. Align expects to repurchase up to $200 million over the six months beginning May 1, 2026. Management will continue evaluating repurchases based on share price and liquidity requirements.

Key facts

• Company expects to repurchase up to $200 million of common stock over a six-month period beginning on May 1, 2026. source
• In April 2025, Board authorized plan to repurchase up to $1.0 billion of common stock; program expected to be completed over up to three years. source
• Net cash used in financing activities for six months ended June 30, 2026: $(115,575) thousand, primarily driven by $98 million for share repurchases and $29 million for payroll taxes paid for vested equity awards, offset by $12 million proceeds from issuance of common stock under ESPP. source
• Company repurchased approximately $98 million during the first half of 2026, leaving $733 million available under the April 2025 Repurchase Program. source

Impact estimates