Alibaba-W spent approximately USD 39.9871 million to repurchase 3.748 million shares

Zhitong
2024.09.13 11:18
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Alibaba-W repurchased 3.748 million shares on September 12, 2024, on the New York Stock Exchange, spending approximately USD 39.9871 million, at a repurchase price of USD 10.63 to USD 10.71 per share. The next day, the company issued 320,000 shares to a director as part of the 2014 equity incentive plan and cancelled 75.9042 million repurchased shares

On September 12, 2024, Alibaba-W (09988) announced that it repurchased approximately $39.9871 million worth of 3.748 million shares on the New York Stock Exchange at a repurchase price of $10.63-$10.71 per share.

On September 13, 2024, the company issued 320,000 shares to a director under the 2014 equity incentive plan since its listing, and cancelled 75.9042 million repurchased shares