Alibaba repurchases shares on NY Stock Exchange
Alibaba Group Holding Limited has disclosed further share repurchases on the New York Stock Exchange (NYSE) on May 6, 2025. The company bought back 622,400 shares at prices ranging from USD 15.94 to USD 16.21, spending USD 9,990,080.16 in total. These repurchased shares are intended for cancellation but have not yet been canceled. This buyback, part of an existing mandate approved August 22, 2024, leaves the total number of shares repurchased under the mandate at 317,441,064, representing 1.69% of issued shares as of the mandate date. The company is observing a moratorium period until June 5, 2025, for any new share issuance or transfer of treasury shares after these repurchases. The total issued shares remain at 19,086,158,964.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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