Summary by Futu AI
Alibaba Group Holding Limited submitted the next day disclosure report on September 19, 2024, disclosing its share buyback activities on the New York Stock Exchange. According to the report, from September 12 to 18, 2024, the company repurchased and intended to cancel a total of 20,474,000 shares on the New York Stock Exchange, accounting for approximately 0.11% of the issued shares. The average repurchase price ranged between usd 10.46 and usd 10.67. In addition, the company confirmed that the buyback activities complied with the relevant regulations of the Main Board of the Hong Kong Stock Exchange and there were no significant changes. After the buyback, the total number of issued shares of the company remained at 19,179,116,908 shares, with no change in treasury shares. The resolution authorizing the buyback was passed on August 22, 2024, allowing the company to repurchase a total of 1,874,327,393 shares under the authorization, with the current number of repurchased shares at 102,379,216 shares.