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Alibaba ( (BABA) ) has issued an announcement.
Alibaba Group Holding Limited has announced changes in its issued and treasury shares, with no change in the total number of issued shares as of January 6, 2025. The company has also repurchased shares on the New York Stock Exchange for cancellation, amounting to a total of 3,805,176 shares repurchased over several days at varying prices. These activities are part of Alibaba’s ongoing share repurchase program, reflecting the company’s commitment to optimizing its capital structure and returning value to shareholders.
More about Alibaba
Alibaba Group Holding Limited is a leading global technology company primarily involved in e-commerce, retail, internet, and technology. The company is listed on the Stock Exchange of Hong Kong and the New York Stock Exchange, focusing on providing a wide array of online and mobile commerce businesses.
YTD Price Performance: -1.48%
Average Trading Volume: 14,889,428
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $198.1B
See more data about BABA stock on TipRanks’ Stock Analysis page.
