Summary by Moomoo AI
Alibaba Group Holding Limited submitted a new next-day disclosure report on October 29, 2024, disclosing its share buyback activities on the New York Stock Exchange. According to the report, the company repurchased 1,635,200 shares on October 25, 2024, and 550,232 shares on October 28, 2024, at prices of USD 12.23 per share and USD 12.46 per share, respectively. The buyback activity was conducted in accordance with the Main Board Listing Rules of The Stock Exchange of Hong Kong Limited, and the repurchased shares are intended for cancellation. Additionally, the company confirmed that there have been no significant changes in the relevant information since July 5, 2024. Following the buyback, the total number of issued shares of the company remains at 19,155,118,020 shares, with no change. The company also confirmed that, under the buyback authorization, the total number of repurchased shares was 121,659,616 shares as of August 22, 2024, representing 0.65% of the shares issued on that day. After the buyback activity, the company will comply with the relevant regulations and will not engage in any new share issuances, stock resales, or transfers until November 27, 2024.