Alibaba Group Holding Limited disclosed in its Monthly Return for March 2026 that total issued shares (excluding treasury shares) climbed by 34.75 million to 19.13 billion, while authorised share capital remained unchanged at 32.00 billion ordinary shares with a par value of USD 0.000003125 each.
Key movements in equity:
• Equity Incentive Plans – 2014 Post-IPO Equity Incentive Plan: 160,000 new shares were issued on option exercises, generating USD 0.91 million in proceeds. Outstanding exercisable shares under this plan stood at 29.02 million at month-end. – 2024 Equity Incentive Plan: No option exercises occurred, but the plan still allows for up to 398.97 million shares to be issued upon future grants. – Restricted Share Units (RSUs): 34.59 million new shares were issued—28.63 million from the 2014 plan and 5.96 million from the 2024 plan—accounting for 99% of the month’s total share increase.
• Convertible Senior Notes – May 2024 Notes: Face value dipped by USD 0.002 billion due to cash-settled conversions; 514.34 million shares remain potentially issuable at a conversion price of USD 12.64. – September 2025 Notes: Outstanding balance unchanged at USD 3.17 billion, with a maximum of 172.22 million shares eligible for conversion at USD 24.14.
• Treasury Shares – No treasury shares were issued, sold, or cancelled during the month; the company holds zero treasury shares.
Compliance:
Alibaba confirmed that the public float continued to meet the Main Board requirement of at least 25% of issued shares. All share issuances and conversions were carried out in accordance with Hong Kong listing rules and regulatory standards.
Following these transactions, Alibaba’s issued share count totals 19.13 billion, while authorised share capacity remains ample at 32.00 billion shares, leaving significant headroom for future equity-based incentives and potential conversions.
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