That's good news And positive

2022-03-22

That's good news And positive sign for investors! It shows the confidence the company has on its growth. I am confident that the company will go far.

Go Baba!

Alibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion

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Comments

CrystalRose
2022-03-22
CrystalRose
China has 4x as many people as the usa, also gdp per capita of hong kong and usa is similar. Chinese stocks are massively undervalued
- CyrilDavy:
  China announced that their economy is their first priority. They will also be supporting their big tech companies. This is a massively undervalued business. Future is bright for BABA!
- LeilaLynch:
  Alright guys resistance confirmed at 100$ mark, Im in big time with my first buy on this beast, now a BABA long !!
ChristKitto
2022-03-22
ChristKitto
Huge bottom being built. This wont ever see below $100 ever again. In two weeks, we'll be $120+ and same thing, base after base will be built
CatherineGunter
2022-03-22
CatherineGunter
Buy back current prices is the best profits for the future. Buy stock low prices instead of higher prices means the future earnings will explode.
- MatthewWalter:
  Glad to see the buyback program increased from $15B to $25B. But I’m disappointed they have only purchased $9.2B so far.
BaronLyly
2022-03-22
BaronLyly
It will be worth the while for everyone who commits their money for the long time investement
ET77
2022-03-22
ET77
AbSolutely!

Leave a comment

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I am confident that the company will go far.&nbsp;</p><p>Go Baba!&nbsp;</p></body></html>","text":"That's good news And positive sign for investors! It shows the confidence the company has on its growth. I am confident that the company will go far. Go Baba!","highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9034266869","repostId":1104965428,"repostType":2,"repost":{"id":"1104965428","pubTimestamp":1647907633,"share":"https://www.laohu8.com/m/news/1104965428?lang=&edition=full","pubTime":"2022-03-22 08:07","market":"us","language":"en","title":"Alibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1104965428","media":"financial post","summary":"HANGZHOU, China — Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) today ann","content":"<html><head></head><body><p>HANGZHOU, China — Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) today announced that the Company’s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the “Share Repurchase Program”), in a sign of confidence about the Company’s continued growth in the future. The Company also announced that Weijian Shan, executive chairman of investment group PAG, was appointed as an independent director to the Company’s board.</p><p>The Share Repurchase Program will be effective for a two-year period through March 2024. As of March 18, 2022, the Company had purchased a total of 56.2 million American depositary shares under the previously announced share repurchase program, for a total consideration of approximately US$9.2 billion.</p><p>Shan’s appointment as an independent director will be effective March 31, 2022, and he will serve on the board’s audit committee. Börje Ekholm, President and Chief Executive Officer of the Ericsson Group, will retire from the Company’s board on March 31, 2022. Ekholm has served as an independent director on the Company’s board since June 2015.</p><p>“We are truly grateful to Börje for his invaluable commitment and contributions to the Alibaba board over the past six years,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Weijian is a trusted leader in the global financial industry who has been an active facilitator for greater understanding between Asia and the rest of the world throughout his extraordinary career. I believe Alibaba will benefit greatly from his deep knowledge across different industries and global perspective.”</p><p>“I have been deeply impressed with the growth and achievements of Alibaba, and with how it has positively changed the lives of so many consumers and businesses in China and elsewhere. It served about 1 billion consumers in China and 300 million around the world in 2021 alone. I feel honored to be invited by the board to serve as an independent director. I look forward to contributing the little I know to help the Company achieve its long-term goals,” said Shan.</p><p>“Alibaba is an incredible company and I continue to believe in its future. I wish Daniel and the leadership team every success as it remains focused on creating long-term value for its stakeholders. I have decided to step down from the board to devote more time to Ericsson’s business,” said Ekholm.</p><h2>About Weijian Shan</h2><p>Weijian Shan is the executive chairman and a founder of PAG – one of Asia’s leading independent alternative investment management groups with more than US$50 billion in capital under management by March 2022. He became PAG’s chairman and CEO and founded its private equity business in 2010. Between 1998 and 2010, he was a managing partner of the private equity firm Newbridge Capital (now known as TPG Asia) and a partner of TPG. Shan was a managing director of JP Morgan, where he was concurrently the chief representative for China between 1993 and 1998. He was an assistant professor of management at the Wharton School, the University of Pennsylvania between 1987 and 1993. He also worked at the World Bank in 1987 as a member of its Young Professionals Program.</p><p>Shan is a member of the International Advisory Council of Hong Kong Exchanges and Clearing Limited. He served as an independent director of Singapore-listed Wilmar International Limited between 2018 and 2021.</p><p>Shan is an author and occasional commentator. His books include Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank (Wiley, 2020) and Out of the Gobi: My Story of China and America (Wiley, 2019), which are also available in Chinese and Japanese, in addition to English.</p><p>Shan holds an M.A. and a Ph.D. from the University of California, Berkeley, and an M.B.A. from the University of San Francisco. He graduated with a major in English from the Beijing Institute of Foreign Trade (currently the Beijing University of International Business and Economics).</p></body></html>","source":"lsy1647907663456","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 08:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board><strong>financial post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HANGZHOU, China — Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) today announced that the Company’s board has authorized to upsize its share repurchase program to US$25 ...</p>\n\n<a href=\"https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104965428","content_text":"HANGZHOU, China — Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) today announced that the Company’s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the “Share Repurchase Program”), in a sign of confidence about the Company’s continued growth in the future. The Company also announced that Weijian Shan, executive chairman of investment group PAG, was appointed as an independent director to the Company’s board.The Share Repurchase Program will be effective for a two-year period through March 2024. As of March 18, 2022, the Company had purchased a total of 56.2 million American depositary shares under the previously announced share repurchase program, for a total consideration of approximately US$9.2 billion.Shan’s appointment as an independent director will be effective March 31, 2022, and he will serve on the board’s audit committee. Börje Ekholm, President and Chief Executive Officer of the Ericsson Group, will retire from the Company’s board on March 31, 2022. Ekholm has served as an independent director on the Company’s board since June 2015.“We are truly grateful to Börje for his invaluable commitment and contributions to the Alibaba board over the past six years,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Weijian is a trusted leader in the global financial industry who has been an active facilitator for greater understanding between Asia and the rest of the world throughout his extraordinary career. I believe Alibaba will benefit greatly from his deep knowledge across different industries and global perspective.”“I have been deeply impressed with the growth and achievements of Alibaba, and with how it has positively changed the lives of so many consumers and businesses in China and elsewhere. It served about 1 billion consumers in China and 300 million around the world in 2021 alone. I feel honored to be invited by the board to serve as an independent director. I look forward to contributing the little I know to help the Company achieve its long-term goals,” said Shan.“Alibaba is an incredible company and I continue to believe in its future. I wish Daniel and the leadership team every success as it remains focused on creating long-term value for its stakeholders. I have decided to step down from the board to devote more time to Ericsson’s business,” said Ekholm.About Weijian ShanWeijian Shan is the executive chairman and a founder of PAG – one of Asia’s leading independent alternative investment management groups with more than US$50 billion in capital under management by March 2022. He became PAG’s chairman and CEO and founded its private equity business in 2010. Between 1998 and 2010, he was a managing partner of the private equity firm Newbridge Capital (now known as TPG Asia) and a partner of TPG. Shan was a managing director of JP Morgan, where he was concurrently the chief representative for China between 1993 and 1998. He was an assistant professor of management at the Wharton School, the University of Pennsylvania between 1987 and 1993. He also worked at the World Bank in 1987 as a member of its Young Professionals Program.Shan is a member of the International Advisory Council of Hong Kong Exchanges and Clearing Limited. He served as an independent director of Singapore-listed Wilmar International Limited between 2018 and 2021.Shan is an author and occasional commentator. His books include Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank (Wiley, 2020) and Out of the Gobi: My Story of China and America (Wiley, 2019), which are also available in Chinese and Japanese, in addition to English.Shan holds an M.A. and a Ph.D. from the University of California, Berkeley, and an M.B.A. from the University of San Francisco. He graduated with a major in English from the Beijing Institute of Foreign Trade (currently the Beijing University of International Business and Economics).","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":130,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100911563,"commentId":"100911563","gmtCreate":1647917634884,"gmtModify":1663245506547,"authorId":9000000000000644,"author":{"id":9000000000000644,"idStr":"9000000000000644","authorId":9000000000000644,"name":"CrystalRose","avatar":"https://static.tigerbbs.com/25ded438897391c2e32edc77a343fe21","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"China has 4x as many people as the usa, also gdp per capita of hong kong and usa is similar. Chinese stocks are massively undervalued","text":"China has 4x as many people as the usa, also gdp per capita of hong kong and usa is similar. Chinese stocks are massively undervalued","html":"China has 4x as many people as the usa, also gdp per capita of hong kong and usa is similar. Chinese stocks are massively undervalued","likeSize":0,"commentSize":2,"subComments":[{"id":100911575,"commentId":"100911575","gmtCreate":1647917698730,"gmtModify":1663245506246,"authorId":9000000000000641,"author":{"id":9000000000000641,"idStr":"9000000000000641","authorId":9000000000000641,"name":"CyrilDavy","avatar":"https://static.tigerbbs.com/fd67ba4a6ca5ca66b27af6afcce989dc","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":100911563,"supIdStr":"100911563","prevId":0,"prevIdStr":"0","content":"China announced that their economy is their first priority. They will also be supporting their big tech companies. This is a massively undervalued business. Future is bright for BABA!","text":"China announced that their economy is their first priority. They will also be supporting their big tech companies. This is a massively undervalued business. Future is bright for BABA!","html":"China announced that their economy is their first priority. They will also be supporting their big tech companies. This is a massively undervalued business. Future is bright for BABA!"},{"id":100911595,"commentId":"100911595","gmtCreate":1647917814555,"gmtModify":1663245505442,"authorId":9000000000000513,"author":{"id":9000000000000513,"idStr":"9000000000000513","authorId":9000000000000513,"name":"LeilaLynch","avatar":"https://static.tigerbbs.com/e32612860d02f31ae6eb923f14c61b63","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":100911563,"supIdStr":"100911563","prevId":0,"prevIdStr":"0","content":"Alright guys resistance confirmed at 100$ mark, Im in big time with my first buy on this beast, now a BABA long !!","text":"Alright guys resistance confirmed at 100$ mark, Im in big time with my first buy on this beast, now a BABA long !!","html":"Alright guys resistance confirmed at 100$ mark, Im in big time with my first buy on this beast, now a BABA long !!"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100911560,"commentId":"100911560","gmtCreate":1647917546625,"gmtModify":1663245506732,"authorId":9000000000000652,"author":{"id":9000000000000652,"idStr":"9000000000000652","authorId":9000000000000652,"name":"ChristKitto","avatar":"https://static.tigerbbs.com/4978f4a510bcf43d5d844a52ae86fd92","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Huge bottom being built. This wont ever see below $100 ever again. In two weeks, we'll be $120+ and same thing, base after base will be built","text":"Huge bottom being built. This wont ever see below $100 ever again. In two weeks, we'll be $120+ and same thing, base after base will be built","html":"Huge bottom being built. This wont ever see below $100 ever again. In two weeks, we'll be $120+ and same thing, base after base will be built","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100911510,"commentId":"100911510","gmtCreate":1647917308348,"gmtModify":1663245506532,"authorId":9000000000000657,"author":{"id":9000000000000657,"idStr":"9000000000000657","authorId":9000000000000657,"name":"CatherineGunter","avatar":"https://static.tigerbbs.com/3776235f8fbc22077e8df03b2522caf3","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Buy back current prices is the best profits for the future. Buy stock low prices instead of higher prices means the future earnings will explode.","text":"Buy back current prices is the best profits for the future. Buy stock low prices instead of higher prices means the future earnings will explode.","html":"Buy back current prices is the best profits for the future. Buy stock low prices instead of higher prices means the future earnings will explode.","likeSize":0,"commentSize":1,"subComments":[{"id":100911514,"commentId":"100911514","gmtCreate":1647917334064,"gmtModify":1663245506438,"authorId":9000000000000488,"author":{"id":9000000000000488,"idStr":"9000000000000488","authorId":9000000000000488,"name":"MatthewWalter","avatar":"https://static.tigerbbs.com/673f24849e790c3aa318f19aa443d828","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":100911510,"supIdStr":"100911510","prevId":0,"prevIdStr":"0","content":"Glad to see the buyback program increased from $15B to $25B. But I’m disappointed they have only purchased $9.2B so far.","text":"Glad to see the buyback program increased from $15B to $25B. But I’m disappointed they have only purchased $9.2B so far.","html":"Glad to see the buyback program increased from $15B to $25B. But I’m disappointed they have only purchased $9.2B so far."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100911547,"commentId":"100911547","gmtCreate":1647917480914,"gmtModify":1663245506743,"authorId":9000000000000695,"author":{"id":9000000000000695,"idStr":"9000000000000695","authorId":9000000000000695,"name":"BaronLyly","avatar":"https://static.tigerbbs.com/2002537f0b7be973a9a9a72fea618459","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"It will be worth the while for everyone who commits their money for the long time investement","text":"It will be worth the while for everyone who commits their money for the long time investement","html":"It will be worth the while for everyone who commits their money for the long time investement","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100909292,"commentId":"100909292","gmtCreate":1647908323550,"gmtModify":1647908323550,"authorId":3565944798085236,"author":{"id":3565944798085236,"idStr":"3565944798085236","authorId":3565944798085236,"name":"ET77","avatar":"https://static.tigerbbs.com/2c73ac2c436c2e43d9b78a2c52d24cb7","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034266869,"objectIdStr":"9034266869","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"AbSolutely! ","text":"AbSolutely! ","html":"AbSolutely! ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9034266869"}