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Alibaba ( (BABA) ) has provided an announcement.
Alibaba Group Holding Limited announced changes in its issued shares due to the issuance of new shares for restricted stock units (RSUs) under its 2014 Post-IPO Equity Incentive Plan. Additionally, Alibaba has repurchased shares on the New York Stock Exchange, which are yet to be canceled. These activities indicate Alibaba’s ongoing focus on optimizing its capital structure and managing shareholder value, which may impact its stock performance and market positioning.
More about Alibaba
Alibaba Group Holding Limited is a leading company in the e-commerce industry, providing online and mobile marketplaces in retail and wholesale trade, cloud computing, and digital media services. The company is primarily focused on the Chinese market but operates internationally with a significant presence in various global markets.
YTD Price Performance: 0.0%
Average Trading Volume: 16,240,040
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $199.2B
Learn more about BABA stock on TipRanks’ Stock Analysis page.