From December 30, 2024, to January 2, 2025, Alibaba Group repurchased a total of 11,349,168 shares of common stock on the New York Stock Exchange over three consecutive trading days, for the purpose of cancellation. Specifically, the company repurchased 3,805,176 shares on December 30 at an average price of $10.51; 3,770,392 shares on December 31 at an average price of $10.61; and 3,773,600 shares on January 2, 2025, at an average price of $10.6.As of January 3, 2025, the total number of issued common shares by Alibaba remained unchanged at 19,054,532,284 shares. Since the shareholders' meeting approved the repurchase authorization on August 22, 2024, the company has cumulatively repurchased 237,499,960 shares, accounting for 12.67% of the total authorized repurchase of 1,874,327,393 shares. According to relevant regulations, Alibaba will suspend the issuance of new shares or the sale of treasury stock from this repurchase until February 1, 2025.

From December 30, 2024, to January 2, 2025, Alibaba Group repurchased a total of 11,349,168 shares of common stock on the New York Stock Exchange over three consecutive trading days, for the purpose of cancellation. Specifically, the company repurchased 3,805,176 shares on December 30 at an average price of $10.51; 3,770,392 shares on December 31 at an average price of $10.61; and 3,773,600 shares on January 2, 2025, at an average price of $10.6.As of January 3, 2025, the total number of issued common shares by Alibaba remained unchanged at 19,054,532,284 shares. Since the shareholders' meeting approved the repurchase authorization on August 22, 2024, the company has cumulatively repurchased 237,499,960 shares, accounting for 12.67% of the total authorized repurchase of 1,874,327,393 shares. According to relevant regulations, Alibaba will suspend the issuance of new shares or the sale of treasury stock from this repurchase until February 1, 2025.