AGM/EGMAug 6, 2026, 09:01 AM
Alibaba Schedules AGM for Sep 22, 2026; Proposes Share Mandates
AI Summary
Alibaba Group Holding Ltd announced its Annual General Meeting (AGM) will be held virtually on September 22, 2026. Shareholders will vote on proposals including granting the Board mandates to issue and repurchase up to 10% of outstanding shares. Additionally, the AGM will address the election of three directors and the appointment of PricewaterhouseCoopers as the company's US and Hong Kong independent registered public accounting firms.
Key Highlights
- Annual General Meeting scheduled for September 22, 2026.
- Proposal to grant Board a mandate to issue up to 10% of shares.
- Proposal to grant Board a mandate to repurchase up to 10% of shares.
- Election of Maggie Wei WU, Kabir MISRA, and Weijian SHAN as directors.
- Appointment of PricewaterhouseCoopers as US and HK auditors.
- Record date for Ordinary Shares and ADSs is August 5, 2026.
Price Impact
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