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News Breaks
January 30, 2013
16:07 EDTALGNAlign Technology CFO to depart March 4th
Align Technology announced that Kenneth B. Arola will step down as VP, finance and CFO officer effective March 4 and will remain an employee of the company through June 28. Mr. Arola will remain in his capacity as CFO through the completed audit of the company's 2012 financial statements and filing of the 2012 Form 10-K with the SEC. The company has initiated a search for a new CFO. Roger E. George, Align's VP, corporate and legal affairs and general counsel, will serve as interim CFO. Mr. George has served in his current role at Align since 2002.
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April 24, 2014
07:03 EDTALGNAlign Technology should be bought on weakness, says Stifel
After the mid-point of Align's Q2 guidance came in below the consensus, Stifel expects the company's North American case growth to reaccelerate soon. The firm believes that concerns about the company's guidance are unwarranted and keeps a $65 price target on the stock.
April 23, 2014
16:04 EDTALGNAlign Technology reports Q1 EPS 39c, consensus 35c
Reports Q1 revenue $180.6M, consensus $177.56M.
16:03 EDTALGNAlign Technology authorizes $300M stock repurchase program
Align Technology has authorized a plan to repurchase up to $300M of the company's stock over the next three years, with $100M of that amount authorized and anticipated to be purchased over the next twelve months. The plan is effective immediately.

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