Align Technology announces $1B stock buyback; provides long-term financial model

ALIGN TECHNOLOGY INC

Board authorized $1.0B stock repurchase program over three years, replacing prior $1B program completed May 1, 2025.
Prior $1B authorization (Jan 2023) completed on May 1, 2025; settlement on May 2, 2025.
Reiterates 2025 guidance; financial model targets clear aligner volume growth >15% and non-GAAP op margin >25% by 2029+.
2026-2028 targets: revenue growth 5-15%, non-GAAP gross margin 71-73%, operating margin 23-25%.
Free cash flow target of 18-23% for 2026-2028; 20-25% for 2029+.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.