Summary by Moomoo AI
On December 3, 2024, alibaba submitted its disclosure report for the next day, reporting its share repurchase activities on the New York Stock Exchange. Between November 21, 2024, and December 2, 2024, alibaba repurchased a total of 3,725,600 common shares at prices ranging from USD 10.38 to USD 10.87 per share. These shares have not been canceled, and the repurchase activities comply with the relevant regulations of the Hong Kong Stock Exchange. As of December 3, 2024, the total number of issued shares of alibaba remained unchanged at 19,118,002,388 shares. The total expenditure of the repurchase activities was USD 39,990,404.12. According to the repurchase authorization, alibaba is authorized to repurchase a total of 1,874,327,393 shares, with the repurchased shares accounting for 0.99% of the authorized total. Looking ahead, alibaba will suspend any new share issuance or inventory share sale activities before January 1, 2025, to comply with the relevant regulations.