Alibaba Group announced on December 20, 2024, that the company repurchased 16,921,152 shares of common stock on the New York Stock Exchange from December 5 to 18, and these shares were cancelled on December 20, accounting for 0.09% of issued shares before the buyback, with an average repurchase price of 10.76 USD. After the cancellation, the total number of issued shares of the company decreased to 19,063,630,788 shares.In addition, the company repurchased an additional 3,780,800 shares of common stock on the New York Stock Exchange on December 19, which accounted for 0.02% of the then-issued shares, with an average repurchase price of 10.58 USD, totaling approximately 39.99 million USD. These shares are intended to be cancelled in the future, but as of the announcement date, the cancellation procedure has not yet been...Show More

Alibaba Group announced on December 20, 2024, that the company repurchased 16,921,152 shares of common stock on the New York Stock Exchange from December 5 to 18, and these shares were cancelled on December 20, accounting for 0.09% of issued shares before the buyback, with an average repurchase price of 10.76 USD. After the cancellation, the total number of issued shares of the company decreased to 19,063,630,788 shares.In addition, the company repurchased an additional 3,780,800 shares of common stock on the New York Stock Exchange on December 19, which accounted for 0.02% of the then-issued shares, with an average repurchase price of 10.58 USD, totaling approximately 39.99 million USD. These shares are intended to be cancelled in the future, but as of the announcement date, the cancellation procedure has not yet been completed.As of now, since the approval of the buyback plan by shareholders on August 22, 2024, Alibaba has cumulatively repurchased approximately 0.215 billion shares, accounting for 11.5% of the approved repurchase authorization. According to regulations, the company will suspend the issuance of new shares or the transfer of treasury stocks during the period from this buyback until January 17, 2025.