Alibaba repurchases shares worth $9.99m

Alibaba Group Holding Limited (HKEX:9988) filed a Next Day Disclosure Return on March 3, 2025, reporting a change in its issued shares due to share repurchases. On February 28, 2025, the company repurchased 604,000 ordinary shares on the New York Stock Exchange. The highest repurchase price per share was $16.74 USD, while the lowest was $16.28 USD, resulting in an aggregate price paid of $9,991,813.45 USD. These shares are intended for cancellation but have not yet been cancelled as of the closing balance date. The company confirmed that the repurchases were made in accordance with exchange rules, bringing the total number of shares repurchased under the mandate to 274,857,952, representing 1.47% of issued shares as of the mandate's resolution date, August 22, 2024.