Align Technology announces $100M open market stock repurchase; CEO to buy $1M personally

ALIGN TECHNOLOGY INC

$100M open market repurchase under existing $1.0B buyback program approved Jan 2023.
Repurchases expected by mid-Dec 2023; funded with cash on hand ($1.3B cash as of Sep 30).
CEO Joe Hogan personally purchasing $1M of common stock (additional to $1M bought in Oct 2023).
Company had ~76.6M shares outstanding as of Sep 30, 2023.
Press release cites record Q3 teenage shipments and confidence in business.

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