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Alibaba Maintains Shares, Repurchases on NYSE

Alibaba Maintains Shares, Repurchases on NYSE

Alibaba (BABA) has released an update.

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Alibaba Group Holding Limited has maintained its issued share count with no change reported as of September 16, 2024, while repurchasing shares for cancellation on the New York Stock Exchange on the 12th and 13th of September. A total of 9,424,000 shares were repurchased at an average price between USD 10.57 and USD 10.67, under the authorization of a repurchase mandate dated August 22, 2024.

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

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