Summary by Futu AI
Alibaba Group Holding Limited submitted a new next-day disclosure report on September 25, 2024, disclosing its shareholding changes. The report shows that Alibaba had 19,179,116,908 shares issued on September 24, 2024, and on September 25, 2024, the company issued 19,552,000 new shares to non-director participants in accordance with the 2014 post-listing stock-based incentive plan, resulting in an increase in issued shares to 19,198,668,908 shares. In addition, the company repurchased numerous batches of shares on the New York Stock Exchange between September 12, 2024, and September 24, 2024, totaling 113,078,832 shares repurchased at a price range of USD 10.46 to USD 12.01 per share. The repurchased shares are intended to be canceled, but have not been canceled as of the end of the reporting period. According to the regulations, the company is not allowed to issue new shares or sell or transfer any treasury shares within 30 days of repurchasing shares without exchange approval.