Summary by Moomoo AI
From January 3 to 6, 2025, Alibaba Group repurchased a total of 12,288,144 shares of common stock on the New York Stock Exchange, intending to cancel them. Among them, on January 3, 938,976 shares were repurchased at an average price of $10.63; on January 2, 3,773,600 shares were repurchased at an average price of $10.60; on December 31, 2024, 3,770,392 shares were repurchased at an average price of $10.61; and on December 30, 2024, 3,805,176 shares were repurchased at an average price of $10.51.As of January 6, 2025, the total number of issued shares of Alibaba remained unchanged at 19,054,532,284 shares. Since the authorization from the shareholder meeting on August 22, 2024, the company has cumulatively repurchased 238,438,936 shares, accounting for 12.72% of the total authorized repurchase of 1,874,327,393 shares. According to regulations, the company may not issue new shares or sell treasury stocks within 30 days after this repurchase (before February 2, 2025).