Summary by Moomoo AI
Alibaba Group Holding Limited submitted the disclosure report on September 20, 2024, disclosing its share repurchase activities on the New York Stock Exchange. According to the report, the company repurchased a total of 3,748,000 to 5,732,792 shares at prices ranging from USD 10.46 to USD 10.98 between September 12 and 19, 2024. The number of issued shares or treasury shares remained unchanged at 19,179,116,908 shares during this period. The repurchased shares will be cancelled, but as of the end of the reporting period, they have not been cancelled. In addition, the company confirms that, under the resolution passed on August 22, 2024, in accordance with the repurchase authorization, the total number of repurchaseable shares is 1,874,327,393 shares, and 106,013,232 shares have been repurchased, accounting for 0.57% of the issued shares. The repurchase activities comply with the relevant regulations of the Hong Kong Stock Exchange.