Alibaba announced on July 2nd that during the quarter ending June 30th, it repurchased a total of 613 million shares of common stock (equivalent to 77 million American depositary shares) for a total price of $5.8 billion.
As of June 30, 2024, the company still has a $26.1 billion repurchase limit under the share repurchase plan authorized by the board of directors, which is valid until March 2027.