Alibaba Maintains Share Count, Buys Back Stock
Company Announcements

Alibaba Maintains Share Count, Buys Back Stock

Alibaba (BABA) has released an update.

Alibaba Group Holding Limited has disclosed no change in its issued and treasury shares as of 23 September 2024, maintaining the same count of 19,179,116,908 shares. However, the company repurchased shares for cancellation on the New York Stock Exchange across several dates in September 2024, with varying prices ranging from USD 10.46 to USD 11.18 per share. The total number of shares repurchased for cancellation reached 3,614,400 on 20 September 2024, for an aggregate price of approximately USD 40 million.

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

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