Navigation Links
Align Technology Announces $50 Million Stock Repurchase Program
Date:4/29/2008

SANTA CLARA, Calif., April 29 /PRNewswire-FirstCall/ -- Align Technology, Inc. (Nasdaq: ALGN) today announced that its board of directors has authorized a stock repurchase program of up to $50 million, effective immediately.

"We are confident in our ability to generate cash in excess of our needs to grow the business," said Ken Arola, vice president and chief financial officer of Align Technology. "Returning this excess cash to our shareholders through a repurchase program will contribute to our goal of enhancing shareholder value. It will also have the effect of offsetting dilution from our employee equity plans."

Any purchases under Align's stock repurchase program may be made, from time-to-time, in the open market, through block trades or otherwise. The program does not obligate Align to acquire any particular amount of common stock and depending on market conditions and other factors, these purchases may be commenced or suspended at any time, or from time-to-time without prior notice. As of April 25, Align had approximately 69.6 million shares outstanding.

In a separate announcement today, Align also announced financial results for its first fiscal quarter of 2008. For more information, please see Align's press release titled, "Align Technology Announces First Quarter Fiscal 2008 Results."

About Align Technology, Inc.

Align Technology designs, manufactures and markets Invisalign, a proprietary method for treating malocclusion, or the misalignment of teeth. Invisalign corrects malocclusion using a series of clear, nearly invisible, removable appliances that gently move teeth to a desired final position. Because it does not rely on the use of metal or ceramic brackets and wires, Invisalign significantl
'/>"/>

SOURCE Align Technology, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related biology technology :

1. Align Technology, Inc. Ranked 23rd in Deloittes Technology Fast 50 Program for Silicon Valley Scientific & Medical Equipment, and Bio-Technology Companies
2. US Oncology Announces Realignment of Executive Team
3. Artromick Aligns with McKesson to Enhance Medication Safety at the Patients Bedside
4. Spherix Shareholders Support Companys Focus on Naturlose, Biotechnology
5. Novel Technology Breaks Through Cancer Pain
6. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
7. Advanced Cell Technology Announces Proposed Financing
8. Advanced Cell Technologys Dr. Robert Lanza Makes List of 100 Most Inspiring People in the Life-Sciences Industry
9. Operon Biotechnologies and DNA2.0 Announce Co-Marketing and Technology Development Partnership
10. BioMarin Licenses Technology From Leading Cystic Fibrosis Research Laboratory at the University of California, San Francisco
11. Microchip Biotechnologies, Inc. Secures Exclusive License to Use New University of Alberta Technology for Developing Microfluidic Devices

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/1/2009)... DNA Genotek, a leading provider of ...nnounced that Tepnel Pharmaceutical Services will ...art of its nucleic acid extraction and genotyping ...WEB) December 1, 2009 -- DNA Genotek , a leading ...ion, today announced that Tepnel Pharmaceutical S...
(Date:12/1/2009)... iCardiac now provides services to t...ies. , Rochester, NY (PRW...., a global leader in advanced cardiac core lab se... five pharmaceutical company has selected iCardiac...iCardiac will provide Highly Automated QT(sm) and ...
(Date:11/30/2009)..., COLUMBUS, Ohio, Nov. 30 The Ohio...e of the nation,s first minority business early-st...veland December 3, is called "Transforming the Lan... Early-Stage Capital Summit." It will feature seve...y business leaders and local minority entrepreneur...
(Date:11/30/2009)... BLOOMINGTON, Minn., Nov. 30 Acuo ...al image management software, data migration tools...lina Hospitals and Clinics for a new Vendor Neutra... storage across the Allina network of hospitals, c...n is based on the Acuo Technologies DICOM Services...
Breaking Biology Technology:Tepnel Pharmaceutical Services to Offer DNA Genotek's Sample Collection Kit in its Nucleic Acid Extraction and Genotyping Service 2Tepnel Pharmaceutical Services to Offer DNA Genotek's Sample Collection Kit in its Nucleic Acid Extraction and Genotyping Service 3Another Top Five Pharmaceutical Company Selects iCardiac as Preferred Provider of ECG Core Lab Services 2Ohio Capital Fund Announces Sponsorship of Minority Business Conference 2Acuo Technologies Announces Contract for Vendor Neutral Archive With Allina Hospitals and Clinics 2Acuo Technologies Announces Contract for Vendor Neutral Archive With Allina Hospitals and Clinics 3
..., July 31 Amicus Therapeutics,(Nasdaq: FOLD ), a...le,orally-administered pharmacological chaperones ...announce second quarter 2008 financial results aft...t 7, 2008. The results,announcement will be follow...rnoon at 5 p.m. EDT., Interested participants and...
...to Launch in Multiple Markets, Including Industria...AN DIEGO, July 31 PURE Bioscience (Nasdaq:,PURE) ...ional Inc for,distribution of PURE,s silver dihydr...n,s DuraClean(TM) brand., (Logo: http://www.news...Ban International Inc, a Minneapolis based chemica...
...ar Financial Outlook, MELVILLE, N.Y., July 31 Ge...nation,s leading provider of,comprehensive home he...r,results, led by double-digit increases in Medica...ealth segment., (Logo: http://www.newscom.com/cg...ghlights for the quarter ended June 29, 2008 inclu...
Other Biology Technology:Amicus Therapeutics Announces Second Quarter 2008 Results Release Date 2PURE Bioscience Announces DuraBan International as Distributor of SDC-Based Disinfectant 2PURE Bioscience Announces DuraBan International as Distributor of SDC-Based Disinfectant 3PURE Bioscience Announces DuraBan International as Distributor of SDC-Based Disinfectant 4Gentiva Reports Strong Second Quarter led by Home Health Segment 2Gentiva Reports Strong Second Quarter led by Home Health Segment 3Gentiva Reports Strong Second Quarter led by Home Health Segment 4Gentiva Reports Strong Second Quarter led by Home Health Segment 5Gentiva Reports Strong Second Quarter led by Home Health Segment 6Gentiva Reports Strong Second Quarter led by Home Health Segment 7Gentiva Reports Strong Second Quarter led by Home Health Segment 8Gentiva Reports Strong Second Quarter led by Home Health Segment 9Gentiva Reports Strong Second Quarter led by Home Health Segment 10Gentiva Reports Strong Second Quarter led by Home Health Segment 11Gentiva Reports Strong Second Quarter led by Home Health Segment 12
(Date:11/30/2009)...obal temperatures continue to rise scientists are ...ing how species respond and adapt. In a paper publ...rancisco Rodriguez-Trelles and Dr Miguel Rodriguez...al warming of approximately 0.6˚C has already...lenge facing ecologists and evolutionary biologist...
(Date:11/30/2009)...u ever thought the stress of seeing your extended ... news: a new research report in the December 2009 ...( http://www.jleukbio.org ) shows that you might b...me study might lead to entirely new treatments tha...tis, and eczema under control. That,s because rese...
(Date:11/30/2009)...on is a colorless and odorless radioactive gas tha...Radium is a product of uranium decay and is found ...ils, and groundwater as well as building materials...concentration is expressed as the amount of radiat...roducts in a liter of air; thus the units are pico...
Breaking Biology News(10 mins):How can scientists measure evolutionary responses to climate change? 2Seeing family for the holidays? Scientists discover how the stress might kill you 2Health Physics Society recommends considering action for indoor radon below current guidelines 2CU Boulder team identifies DNA 26quot 3Bbarcodes to help track illegal trading of wildlife products 9941 1CU Boulder team identifies DNA 26quot 3Bbarcodes to help track illegal trading of wildlife products 9941 2CU Boulder team identifies DNA 26quot 3Bbarcodes to help track illegal trading of wildlife products 9941 3UT scientists discover link between protein and lung disease 9937 1UT scientists discover link between protein and lung disease 9937 2The Lustgarten Foundation Says Patrick Swayzes Death Highlights the Need for Increased Research into Early Diagnosis and Treatment of Pancreatic Cance 57253 1The Lustgarten Foundation Says Patrick Swayzes Death Highlights the Need for Increased Research into Early Diagnosis and Treatment of Pancreatic Cance 57253 2
...ells are master cells located at the tip of the st...ical meristem (SAM). Here, the stem cellsall clump... to give rise to other cells, resulting in the for...ers, branches and stem. , But despite the importa...their molecular composition has eluded researchers...
..., 2009 In a new study, researchers were able to g...uced pluripotent stem (iPS) cells, which are engin...te into most other cell types. A potential new sou...ggs or embryos could be an enormous boon to resear...erosis (ALS) and spinal cord injury and could open...
...ldren can be expensive, time-consuming for clinici...to radioactivity and subjected to a large number o...f these obstacles, relying instead on various bloo...g to offer an accurate estimate of a child,s kidne...d from a study that will appear in the Journal of...
Other Biology News:UCR scientists identify stem-cell genes that help form plant organs 2UCR scientists identify stem-cell genes that help form plant organs 3Researchers generate functional neurons from somatic cells 2Updated formula measures kidney function more accurately 2Updated formula measures kidney function more accurately 3
S-Protein Agarose from Novagen
15(S)-15-methyl Prostaglandin F2alpha from Cayman Chemical
...transferases (GSTs) are a group of enzymes importa...ammals. The enzymes protect cells against toxicant...e to electrophilic xenobiotics, and thereby defend...xic effects of the compounds. GST activity is pres...
...he industrys first PCI Express image acquisition b...ages at the highest speeds, resolutions, and bit d... demanding imaging applications such as synchroniz... advanced motion tracking. In the past, acquiring...
Biology Products: