Tech News

Alibaba increases its share buyback program from $15B to $25B, sending its Hong Kong-listed shares up by 11%+; Alibaba has so far purchased ~$9.2B in shares (Arjun Kharpal/CNBC)


Arjun Kharpal / CNBC:

Alibaba increases its share buyback program from $15B to $25B, sending its Hong Kong-listed shares up by 11%+; Alibaba has so far purchased ~$9.2B in shares  —  – Alibaba said on Tuesday it will increase the size of its share buyback program from $15 billion to $25 billion, effective for a two-year period through March 2024.


Tags
Show More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker