Align Technology has announced that Joe Hogan, Align Technology president and CEO, has personally purchased approximately $1m of Align’s common stock. Since his last sale of Align common stock in 2021, Hogan has purchased approximately $8m of Align common stock.1
“This purchase reflects my continuing confidence in the long-term value of Align and our commitment to increasing shareholder value by balancing investments to drive growth and continuing to invest with discipline in the areas that will define our future,” said Hogan, president and CEO. “We are excited about our next-generation technologies and treatment platforms that meet today’s patient expectations for fast, effective, and personalised treatment while also providing value and growth opportunities for our doctor customers. We believe that these innovations are not only improving outcomes in Invisalign practices but also expanding our addressable market and strengthening our competitive differentiation.”
Continued Hogan: “While we believe that the macroeconomic uncertainty will likely persist into the near future, we are confident in our ability to adapt and lead. Our long-term strategic initiatives and opportunities remain intact, as does our commitment to focused execution on transforming treatment for doctors and patients.”
1 Valued based on the purchase price of Align common stock at the time of each purchase.
