• 577
  • Comment
  • Favorite

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

financial post2022-03-22

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 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Long for long time
    ·2022-03-22
    Please buy more BABA
    Reply
    Report
  • Kirton
    ·2022-03-22
    Finally some positive news for BABA
    Reply
    Report
  • Yonhuat
    ·2022-03-22
    It is now if not when to buy buy at this price? You know where it is going bulls. 
    Reply
    Report
  • LimLS
    ·2022-03-22
    Let's hope the increased share buyback can help to stabilise the price and not fall below 100 again. While the price had recover well recently, the price had fallen 56% compared same day of last year. If we compared against its high during Oct 2020, the current price is 1/3 of its high of 300. To recover to last year value, BABA price needs to double. To recover to its 2020 high, BABA needs to triple. Let's be realistic of the chances of it happening. Share buyback can at most prevent price from falling too much but will do little to help to its recovery to their previous levels.
    Reply
    Report
  • JTBY
    ·2022-03-22
    Great!
    Reply
    Report
  • MIe
    ·2022-03-22
    Baba recovery..
    Reply
    Report
  • ZenInv
    ·2022-03-22
    And this is a bad sign
    Reply
    Report
  • MeowmeowST
    ·2022-03-22
    🥰🥰🥰🥰🥰
    Reply
    Report
  • SSVC
    ·2022-03-22
    K
    Reply
    Report
  • Jenjorjack
    ·2022-03-22
    Sounds great. Prices are very Low and superbfor share buy backs 
    Reply
    Report
  • ANNIEPLTAN
    ·2022-03-22
    Cash rich company - awesome!
    Reply
    Report
  • Vincent1968
    ·2022-03-22
    Like
    Reply
    Report
  • Chris1368
    ·2022-03-22
    Yeah 🙌🏻 
    Reply
    Report
  • Rookie22
    ·2022-03-22
    Yes sharebuy back ..Undervalue stock
    Reply
    Report
  • skylander
    ·2022-03-22
    Nice
    Reply
    Report
  • K20
    ·2022-03-22
    Okay
    Reply
    Report
  • ARIESan
    ·2022-03-22
    Good news 
    Reply
    Report
  • Targarean
    ·2022-03-22
    Baba will rise the day China Inc stops screwing with it
    Reply
    Report
  • StayHome
    ·2022-03-22
    Maybe about time to slowly scoop up some $Alibaba(BABA)$shares whenever funds are available ....[USD] 
    Reply
    Report
  • newminted
    ·2022-03-22
    Baba
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial