Summary by Moomoo AI
Alibaba Group Holding Limited submitted a disclosure report on September 19, 2024, disclosing its share repurchase activities on the New York Stock Exchange. According to the report, the company repurchased a total of 20,474,000 shares to be cancelled between September 12 and 18, 2024, accounting for approximately 0.11% of the issued shares. The average repurchase price ranged from USD 10.46 to USD 10.67. In addition, the company confirmed that the repurchase activities comply with the relevant rules of the Main Board Listing Rules of The Stock Exchange of Hong Kong Limited and there are no significant changes. After the repurchase, the total number of issued shares of the company remained at 19,179,116,908 shares, and there were no changes in treasury shares. The resolution for the repurchase authorization was approved on August 22, 2024, and the company is authorized to repurchase a total of 1,874,327,393 shares. The number of shares repurchased currently stands at 102,379,216 shares.
