Alibaba Issues $4.5 Billion of Convertible Debt to Fund Buybacks

Bloomberg05-24

Company to immediately repurchase 14.8 million of its ADRsMove is to obtain cash offshore on favorable terms: ChoiAlibaba Group Holding Ltd. sold $4.5 billion worth of convertible bonds in one of the ...

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Comments

  • DreamZ85
    05-24
    DreamZ85
    So it mean your company don't have any cash flow to do buybacks and do further improvement in your company. Does it mean your earning report, reporting cash flow are fake ?
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