---
schema_version: "secwatch.filing_event.v1"
accession: "0001097149-23-000087"
form_type: "8-K"
ticker: "ALGN"
cik: "0001097149"
company_name: "ALIGN TECHNOLOGY INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T19:00:25.712413+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0001097149-23-000087
- form_type: 8-K
- ticker: ALGN
- cik: 0001097149
- company_name: ALIGN TECHNOLOGY INC
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000087/0001097149-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000087/algn-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-23-000087
- JSON: https://secwatch.observer/filing/0001097149-23-000087.json
- Plain text: https://secwatch.observer/filing/0001097149-23-000087.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.