FilingReader Intelligence

Alibaba reduces shares through $59m buyback program

July 31, 2025 at 05:02 PM UTCBy FilingReader AI

Alibaba Group Holding Limited repurchased and cancelled 4.09 million ordinary shares on the New York Stock Exchange in July 2025, reducing total issued shares from 19.08 billion to 19.08 billion.

The repurchases were executed at a volume-weighted average price of $14.47 per share. An additional 675,200 shares were repurchased at $14.77 per share but not yet cancelled.

The buybacks are part of a mandate authorizing repurchase of up to 1.87 billion shares. To date, 350.8 million shares representing 1.87% of issued shares have been repurchased under the program.

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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