Alibaba Maintains Capital, Reduces Issued Shares
Company Announcements

Alibaba Maintains Capital, Reduces Issued Shares

Alibaba (BABA) has released an update.

Alibaba Group Holding Limited’s recent financial disclosure indicates no change in their authorized share capital, maintaining a balance of USD 100,000, while the number of issued shares saw a decrease of 94,879,632 shares to a total of 19,159,821,492 shares at the end of September 2024. The company has also confirmed compliance with all applicable listing rules, laws, and regulatory requirements concerning the issuance and transfer of securities within the reported period.

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

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