Summary by Moomoo AI
Alibaba Group Holding Limited submitted its next-day disclosure report on September 16, 2024, disclosing its share changes. The report shows that on September 12th and 13th, 2024, the company repurchased a total of 9,424,000 shares on the New York Stock Exchange, at prices of USD 10.67 and USD 10.57 per share, respectively. These shares will be used for cancellation but have not been canceled yet. In addition, on September 13th, 2024, the company conducted another repurchase on the New York Stock Exchange, involving 5,676,000 shares, with a total payment price of USD 59,981,626.65. According to the repurchase authorization, the total number of shares that the company can repurchase is 1,874,327,393 shares. As of the report date, the number of repurchased shares is 85,328,216 shares, accounting for 0.46% of the repurchase authorization. The repurchase activities comply with the relevant regulations of the Listing Rules of The Stock Exchange of Hong Kong Limited.