Summary by Moomoo AI
Alibaba Group Holding Limited submitted a new next-day disclosure report on October 18, 2024, disclosing its shareholding changes. The report shows that on October 4, 2024, Alibaba issued 19,080 new shares to non-director participants under the 2014 post-listing stock-based incentive plan, and this share issuance did not have a significant effect on the total number of shares issued by the company. In addition, on October 17, 2024, the company repurchased 1,416,496 shares on the New York Stock Exchange at a repurchase price of USD 12.48 per share, totaling USD 17,681,074.9. The repurchased shares are intended to be cancelled, but as of the report submission date, they have not been cancelled. The repurchase action was carried out based on the repurchase authorization obtained by the company on August 22, 2024, which allows the company to repurchase up to 1,874,327,393 shares. As of the report date, the company has repurchased 116,168,128 shares under this authorization, accounting for 0.62% of the shares issued as of that day.
