BuybackJul 10, 2026, 04:07 PM
Alibaba Cancels 29.79M Shares; Repurchases 4.11M Shares for $50M
AI Summary
Alibaba Group Holding Limited filed a 6-K reporting daily share repurchases and a significant share cancellation. On July 9, 2026, the company cancelled 29,791,432 shares previously repurchased between June 22 and July 7, 2026, at an average price of $12.17 per share. Additionally, Alibaba repurchased 4,108,720 shares on July 9, 2026, for $50,000,000.00 on the New York Stock Exchange. The total shares repurchased under the current mandate now stand at 35,379,352 shares, representing 0.18% of issued shares.
Key Highlights
- Cancelled 29,791,432 shares on July 9, 2026.
- Shares cancelled were repurchased from June 22 to July 7, 2026.
- Average repurchase price for cancelled shares was $12.17 per share.
- Repurchased 4,108,720 shares on July 9, 2026.
- Aggregate price paid for July 9 repurchases was $50,000,000.00.
- Total shares repurchased under mandate: 35,379,352 shares.
- Repurchases represent 0.18% of issued shares from mandate date.
- Repurchase mandate granted on September 25, 2025.
Price Impact
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