Summary by Futu AI
Alibaba Group Holding Limited submitted a new next-day disclosure report on October 25, 2024, disclosing its share repurchase activities on the New York Stock Exchange. According to the report, between October 17 and 24, 2024, the company repurchased 1,416,496 shares, 21,088 shares, 1,622,568 shares, and 1,662,400 shares at prices of usd 12.48, usd 12.5, usd 12.31, and usd 12.02 respectively. These repurchased shares are intended to be canceled but have not been canceled as of the end of the reporting period. The company's issued shares or treasury shares remained unchanged during the reporting period, staying at 19,159,840,572 shares. In addition, the company confirms that pursuant to the repurchase authorization obtained on August 22, 2024, the total number of repurchased shares amounted to 119,474,184 shares, representing 0.64% of the shares issued on that day. The repurchase activities comply with the relevant provisions of the Listing Rules of The Stock Exchange of Hong Kong Limited.