Alibaba (BABA) has released an update.
Alibaba Group Holding Limited has not reported any changes in its issued or treasury shares as of August 29, 2024, maintaining its opening balance of over 19 billion shares. The company has repurchased shares for cancellation on the New York Stock Exchange at various dates and prices, with a total of approximately 23 million shares bought back, representing 0.12% of its issued shares. These repurchases, made at prices ranging from USD 9.9 to USD 10.67 per share, are part of a repurchase mandate authorized by a resolution passed on August 22, 2024.
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