Alibaba reduces shares through $10m buyback program

Alibaba Group Holding Limited cancelled 7,320,992 ordinary shares on July 15, 2025, acquired on the New York Stock Exchange at an average price of $13.64.

The cancellations reduced total issued shares from 19.09 billion to 19.08 billion, representing a 0.04% reduction.

The company had an additional 738,400 shares repurchased but not yet cancelled at an average price of $13.53, totaling $9.99 million. Under its August 2024 mandate, Alibaba is authorized to repurchase up to 1.87 billion shares, with 346.78 million shares already repurchased.