Align Technology enters $200M accelerated stock repurchase; CEO plans $2M personal purchase

ALIGN TECHNOLOGY INC

Align entered $200M ASR with Goldman Sachs to repurchase shares under $1B buyback program; initial delivery ~849k shares.
CEO Joe Hogan intends to purchase $2M of Align common stock personally, following $2M purchase in May 2022.
ASR funded from cash on hand; expected to complete by Feb 1, 2023. As of Sept 30, had $1.1B cash and $0 debt.
Under $1B program, Align repurchased 1.321M shares at avg $416.39 (~$550M); ~$250M remains after this ASR.
Filing corrects erroneous press release exhibit from Oct 28, 2022 original 8-K.

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