English
Back
Download
Log in to access Online Inquiry
Back to the Top
Historical buybacks: Fast follow or trade with care?
Views 697K Contents 57

Alibaba Massive USD25 billion stock buyback

In March this year, Alibaba increased its stock buyback from USD 15 billion to USD 25 billion. This new stock buyback is the largest ever in Alibaba's stock buyback scheme.
Alibaba 's share price jumped almost 9% when this buyback program was announced.
With stock buyback, Alibaba creates more value for shareholders as it can increase earnings per share. It also shows that the company is profitable and has good cash flow too.
I like Alibaba's stock buyback and will continue to stay invested in Alibaba.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
5809 Views
Comment
Sign in to post a comment
    Investing is a great adventure!
    53Followers
    118Following
    188Visitors
    Follow