Summary by Moomoo AI
Alibaba Group Holding Limited submitted a new next-day disclosure report on September 26, 2024, disclosing its share repurchase activities on the New York Stock Exchange. According to the report, the company repurchased a total of 1,672,800 shares of common stock through multiple trades between September 12 and 25, 2024, for cancellation but not yet canceled. The repurchased shares represent a very small percentage of the issued shares, with a repurchase price per share ranging between usd 10.46 and usd 12.02. The total number of issued shares of the company remains at 19,198,668,908 shares, with no changes. In addition, the company confirms that there are no significant changes in accordance with the rules of the main board of the Hong Kong Stock Exchange for repurchases. The repurchase activities were carried out within the repurchase authorization scope obtained by the company on August 22, 2024, which allows repurchasing of up to 1,874,327,393 shares. As of the reporting date, the company has repurchased 114,751,632 shares of stock on the exchange under the repurchase authorization, accounting for 0.61% of the issued shares on the authorized date.