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Alibaba ( (BABA) ) has issued an announcement.
In the latest update for January 2025, Alibaba Group Holding Limited reported a decrease in its issued shares by 24,746,216, due to share repurchases. The company’s monthly return filed with the Hong Kong Stock Exchange detailed these movements, indicating a focus on managing its equity structure effectively. This adjustment in share capital could impact stakeholder perception by demonstrating Alibaba’s strategic financial management and commitment to shareholder value.
More about Alibaba
Alibaba Group Holding Limited is a renowned company in the e-commerce and technology industry, primarily known for its online commerce platforms, digital payment services, and cloud computing solutions. The company is a key player in the Chinese market and is listed on multiple stock exchanges, including the Hong Kong Stock Exchange.
YTD Price Performance: 20.48%
Average Trading Volume: 17,253,789
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $238.3B
Find detailed analytics on BABA stock on TipRanks’ Stock Analysis page.
