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Alibaba ( (BABA) ) just unveiled an announcement.
Alibaba Group Holding Limited disclosed a series of recent changes related to its issued share capital as part of regulatory filings in Hong Kong and the United States. On July 10, 2026, the company furnished multiple Next Day Disclosure Returns to the Hong Kong Stock Exchange, covering share movements recorded on July 7, 8, 9 and 10, 2026, in compliance with Hong Kong Listing Rule 13.25A.
The filings detail ongoing share repurchases on the New York Stock Exchange between June 22 and July 6, 2026, where Alibaba bought back millions of ordinary shares for cancellation at prices generally ranging from about USD 11.84 to USD 13.12 per share. As of July 7, 2026, its total issued shares remained at 19,206,311,686, with repurchased shares not yet cancelled disclosed separately, signaling an active capital management program.
A repurchase report for July 6, 2026 shows Alibaba acquiring 4,108,720 shares on the NYSE, at prices between USD 12.05 and USD 12.25, for an aggregate consideration of roughly USD 49.99 million. Under a repurchase mandate approved on September 25, 2025, the company is authorised to repurchase up to 1,907,598,428 shares, of which 25,715,152 had been bought back on exchanges by early July 2026, representing about 0.13% of the shares outstanding at the time of the mandate.
The disclosures confirm that the repurchases were conducted in line with Hong Kong listing rules and the domestic rules of the New York Stock Exchange. They also note a moratorium period running until August 5, 2026, during which Alibaba is restricted from issuing new shares or transferring treasury shares following the latest repurchases, a constraint that investors may factor into expectations on near-term equity issuance or capital raising plans.
The most recent analyst rating on (BABA) stock is a Buy
with a $172.00 price target.
To see the full list of analyst forecasts on Alibaba stock,
see the BABA Stock Forecast page.
Spark’s Take on BABA Stock
According to Spark, TipRanks’ AI Analyst, BABA is a Neutral.
Overall score is held back primarily by weakened recent financial performance (sharp margin/return deterioration and negative free cash flow), partially offset by a strong balance sheet and earnings-call-driven optimism around accelerating AI + Cloud growth. Technicals remain mixed with the stock below key longer-term moving averages, while valuation is reasonable but not compelling enough to outweigh near-term cash and profitability headwinds.
To see Spark’s full report on BABA stock,
click here.
More about Alibaba
Alibaba Group Holding Limited is a leading Chinese technology and e-commerce conglomerate headquartered in Hong Kong, with shares listed on the Hong Kong Stock Exchange and the New York Stock Exchange. The company operates major online retail and wholesale platforms, cloud computing services, and digital payments, serving consumers and businesses across mainland China and global markets.
Its Hong Kong listing uses ordinary shares traded under stock code 09988, with a multi-counter RMB stock code 89988. Alibaba is an important constituent of major regional indices, and its share capital movements and buyback activities are closely monitored by investors given their implications for capital allocation and shareholder returns.
Average Trading Volume: 12,347,028
Technical Sentiment Signal: Sell
Current Market Cap: $263.5B
For detailed information about BABA stock, go to TipRanks’ Stock Analysis page.