Summary by Moomoo AI
Alibaba Group Holding Limited submitted a new next day disclosure report on September 25, 2024, disclosing changes in its shareholding. The report shows that Alibaba had 19,179,116,908 shares issued on September 24, 2024, and on September 25, 2024, the company issued 19,552,000 new shares to non-director participants under the 2014 stock-based incentive plan, resulting in an increase of issued shares to 19,198,668,908 shares. In addition, the company repurchased multiple batches of shares on the New York Stock Exchange between September 12, 2024, and September 24, 2024, totaling 113,078,832 shares repurchased at a price range of usd 10.46 to usd 12.01 per share. The repurchased shares will be proposed for cancellation, but have not been cancelled as of the end of the reporting period. According to regulations, the company is not allowed to issue new shares or sell or transfer any treasury shares within 30 days after repurchasing shares without the approval of the exchange.
