$ALGN (Align Technology Inc.)

$ALGN {{ '2016-05-04T13:10:37+0000' | timeago}} • Announcement

$ALGN said it has agreed to repurchase $50MM of its common stock from Morgan Stanley, with an initial delivery of about 467,000 shares. The accelerated stock repurchase transaction is expected to be completed about four months from May 4, 2016 and will be funded with the company's cash on hand.

$PDCO {{ '2017-08-24T10:53:06+0000' | timeago}} • Announcement

Patterson Dental, a business unit of $PDCO, and $ALGN announced a distribution agreement for $ALGN's iTero Element intraoral scanning system. This agreement expands Patterson's portfolio of CAD/CAM products with iTero scanner's proven digital technology and superior Invisalign experience and tools.

$ALGN {{ '2017-08-03T20:02:55+0000' | timeago}} • Announcement

$ALGN, a medical device company, has opened a larger office in Raleigh, North Carolina to accommodate headcount growth and leverage the area's diverse and broad-based talent resources. The company, which currently has 230 employees in Raleigh office, intends to hire more than 200 employees over the next several years in Raleigh.

$ALGN {{ '2017-06-16T12:42:31+0000' | timeago}} • Announcement

Standard & Poor's will add $ALGN to the S&P 500 Index after the close of trading on June 16, 2017. Align will be added to the S&P 500 GICS Health Care Supplies Sub-Industry index.

$ALGN {{ '2017-06-01T12:21:15+0000' | timeago}} • Announcement

$ALGN announced the opening of a new Invisalign treatment planning facility in Chengdu, China. The state of the art facility is the company's first manufacturing operations in China and represents the company's commitment to geographic expansion and investment in the Asia Pacific region.

$ALGN {{ '2017-05-25T13:02:58+0000' | timeago}} • Announcement

$ALGN received two U.S. patents for SmartTrack aligner material, used exclusively for Invisalign aligner treatment. SmartTrack material was designed specifically for orthodontic treatment with Invisalign aligners and more precisely conforms to tooth morphology, attachments, and interproximal spaces compared to other aligner materials.

$ALGN {{ '2017-03-28T13:57:17+0000' | timeago}} • Announcement

On Feb. 22 and Mar. 22, 2017, the USPTO issued reexamination certificates confirming the patentability of all challenged claims of $ALGN's U.S. Patent Nos. 5,975,893 and 6,398,548. Both patents are currently asserted by Align in its patent infringement lawsuit against ClearCorrect pending in the Federal District Court, Southern District of Texas.

$ALGN {{ '2017-03-15T12:05:55+0000' | timeago}} • Announcement

$ALGN announced that it has appointed GE Ventures CEO Susan E. Siegel to its board of directors. Ms. Siegel is expected to stand for election at the annual meeting of stockholders to be held on May 17, 2017.

$ALGN {{ '2017-02-28T19:42:49+0000' | timeago}} • Announcement

$ALGN announced the acquisition of its distributor Align Technology Do Brasil LTDA. This acquisition enables $ALGN to directly focus on the commercial, marketing, and operational needs of doctors and potential patients in Brazil. As the world's second largest market for cosmetic interventions, Brazil represents good growth potential for $ALGN.

$ALGN {{ '2017-02-22T19:33:43+0000' | timeago}} • Announcement

$ALGN acquired its distributor G.L. Dental Couture Ltd., which is based in Dubai, United Arab Emirates and Nicosia, Cyprus. This deal will give $ALGN direct access to customers and distribution partners across markets in Russia, Baltics, Turkey, Monaco, Israel, Cyprus, the Middle East and Africa. The deal is expected to be final on Feb. 25, 2017.

$ALGN {{ '2017-02-16T16:54:24+0000' | timeago}} • Announcement

$ALGN prevailed in proceedings initiated by ClearCorrect Operating LLC before the United States Patent and Trademark Office that challenged the validity of three of $ALGN's U.S. patents.

$ALGN {{ '2017-01-10T11:45:36+0000' | timeago}} • Announcement

$ALGN appointed Lynn Pendergrass as VP and managing director of the Americas region, reporting to CEO Joe Hogan, effective Feb. 27, 2017. Chris Puco, VP and managing director of North America, and Ritesh Sharma, managing director of Latin America, will report directly to Pendergrass. Chris Puco will remain member of executive management committee.

$ALGN {{ '2016-12-21T23:33:28+0000' | timeago}} • Announcement

$ALGN provided an update on the pending German patent infringement litigation against Ortho Caps, which the company filed in Dec. 2011. In November 2016, the German Federal Court of Justice, Bundesgerichtshof, upheld a decision that one of the $ALGN's patents is invalid, and that one is partially invalid.

$ALGN {{ '2016-11-07T21:33:24+0000' | timeago}} • Announcement

$ALGN said its CFO David L. White will step down effective November 10 and stay with the company through February 2017. During this transition period, Mr. White will continue to oversee certain planning and ERP implementation projects and will work closely with newly appointed CFO John F. Morici.

$ALGN {{ '2016-05-09T20:12:06+0000' | timeago}} • Announcement

$ALGN said it appointed Stuart Hockridge as vice president of Global Human Resources, effective May 23, 2016. Hockridge will report to Joe Hogan, $ALGN's President and CEO. Jennifer Erfurth, VP of Global Human Resources since October 2012, will leave the company on May 20, 2016 to pursue other opportunities.

$ALGN {{ '2016-05-04T13:12:21+0000' | timeago}} • Announcement

$ALGN said it has entered into a stock repurchase plan whereby it will repurchase up to $50MM of its common stock. This stock repurchase plan is in addition to, and will become effective upon, completion of $50MM ASR. This stock repurchase plan together with ASR completes 3-year $300MM stock repurchase program announced April 23, 2014.

$ALGN {{ '2016-05-04T13:10:37+0000' | timeago}} • Announcement

$ALGN said it has agreed to repurchase $50MM of its common stock from Morgan Stanley, with an initial delivery of about 467,000 shares. The accelerated stock repurchase transaction is expected to be completed about four months from May 4, 2016 and will be funded with the company's cash on hand.

$ALGN {{ '2016-05-04T13:07:25+0000' | timeago}} • Announcement

$ALGN said it has entered into an accelerated stock repurchase agreement (ASR) with Morgan Stanley to repurchase $50MM of its common stock as part of its $300MM stock repurchase program announced on April 23, 2014. Align previously completed the repurchase of $200MM of the program in November 2015.

$ALGN {{ '2016-04-29T15:49:43+0000' | timeago}} • Announcement

$ALGN said its board of directors has authorized a plan, effective immediately, to repurchase up to an additional $300MM of the its stock.

$ALGN {{ '2016-03-31T19:55:05+0000' | timeago}} • Announcement

Dentistry services company $ALGN said the Federal Circuit has denied the ITC's and $ALGN's requests for en banc review of its Nov. 2015 ruling regarding the ITC's final determination issued against the ClearCorrect entities, stating the ITC's jurisdiction did not extend to transmissions of digital data but is limited to import of tangible goods.

$ALGN {{ '2015-12-02T12:01:59+0000' | timeago}} • Announcement

$ALGN said ClearCorrect Operating filed a petition for inter partes review, or IPR, of one of $ALGN's patents with the U.S. Patent and Trademark Office. The Petition requests that the PTO institute an IPR to review validity of one of 14 patents asserted in $ALGN's federal district court action against SmileCareClub LLC in California.

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