Summary by Moomoo AI
On November 28, 2024, alibaba submitted the following day's disclosure report, detailing its share repurchase activities conducted on the New York Stock Exchange. From November 21 to November 27, alibaba repurchased a total of 17,692,968 shares, accounting for 0.09% of the issued shares. The repurchase price per share ranged from usd 10.38 to usd 10.87, with a total expenditure of approximately 0.19 billion usd. As of November 28, 2024, the total number of issued shares of alibaba remained at 19,118,002,388 shares, unchanged. The repurchased shares have not yet been canceled and will be managed according to the repurchase authorization. The repurchase authorization was approved on August 22, 2024, allowing for the repurchase of up to 1,874,327,393 shares. Alibaba confirmed that its repurchase activities are in compliance with the relevant regulations of the Hong Kong Stock Exchange and the New York Stock Exchange. Company Secretary Zhang Jinwei confirmed the accuracy of the report content.
