Summary by Futu AI
Alibaba Group Holding Limited submitted a new next-day disclosure report on September 26, 2024, disclosing its share repurchase activities on the New York Stock Exchange. According to the report, from September 12 to 25, 2024, the company repurchased a total of 1,672,800 common shares through multiple trades for cancellation but not yet canceled. The repurchased shares account for a very small percentage of the issued shares, with a repurchase price per share ranging from USD 10.46 to USD 12.02. The total number of issued shares of the company remains at 19,198,668,908 shares and has not changed. In addition, the company confirmed that there were no significant changes in accordance with the listing rules of the main board of The Stock Exchange of Hong Kong Limited. The repurchase activity was carried out within the repurchase authorization obtained by the company on August 22, 2024, allowing the repurchase of up to 1,874,327,393 shares. As of the reporting date, the company has repurchased 114,751,632 shares on the exchange under the repurchase authorization, accounting for 0.61% of the issued shares on the authorization date.