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Alibaba (09988/BABA/89988) announced that as of November 11, 2024, the total number of issued shares of the company was 19.142 billion shares. On November 7 and 8, the company repurchased 520000 shares and 1.69 million shares on the New York Stock Exchange, with an average repurchase price of $12.47 and $11.81 per share, respectively.
According to the announcement, as of November 8th, the total number of shares repurchased by the company is 135 million, accounting for 0.72% of the company's issued shares (excluding treasury shares). The company passed a repurchase authorization resolution on August 22, 2024, authorizing the repurchase of a total of 1.874 billion shares.
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