Alibaba Announces Share Issuance and Buyback Activity
Company Announcements

Alibaba Announces Share Issuance and Buyback Activity

Alibaba (BABA) has released an update.

Alibaba Group has announced changes in its share structure, having issued new shares under its 2014 Post-IPO Equity Incentive Plan, as well as repurchasing over 1.4 million shares on the New York Stock Exchange. These strategic moves reflect the company’s ongoing efforts to optimize its capital structure and reward its stakeholders.

For further insights into BABA stock, check out TipRanks’ Stock Analysis page.

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