Gelonghui Announcement Selection (Hong Kong Stock) | Alibaba-W (09988.HK) still has 20.7 billion USD repurchase quota remaining under the share repurchase plan.
【Today's Focus】Alibaba-W (09988.HK) still has a buyback capacity of 20.7 billion USD under its share repurchase plan. Alibaba-W (09988.HK) announced that, as of the quarter ending December 31, 2024, the company repurchased a total of 0.119 billion shares of common stock at a total price of 1.3 billion USD (equivalent to 15 million American depositary shares). These repurchases were conducted in the US market under the company's share repurchase plan. As of December 31, 2024, the company had 18.517 billion shares of common stock in circulation (equivalent to 2.315 billion American depositary shares). Compared to 20.
Morgan Stanley Maintains Alibaba(BABA.US) With Hold Rating, Maintains Target Price $105
Alibaba-W (09988.HK) spent $39.99 million to buy back 3.77 million shares on December 31.
On January 2, Gelonghui reported that Alibaba-W (09988.HK) announced the repurchase of 3.77 million shares at the cost of 39.99 million USD on December 31.
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