Alibaba Surged over 8% in Premarket Trading after Raising Buyback Target to $25B

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Alibaba Surged over 8% in Premarket Trading after Raising Buyback Target to $25B

Tiger Newspress2022-03-22

Alibaba surged over 8% in premarket trading after raising buyback target to $25billion.Alibaba has raised its share buyback program to $25 billion from $15 billion.Its board approved the share repurchase program, which will run for two years through March 2024.

The company had purchased 56.2 million ADRs for about $9.2 billion, as of March 18, under its previously announced program.

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JCai
·2022-03-23
K
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Like
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Sysy
·2022-03-23
L
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1
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jgaldon
·2022-03-23
Hold on up there BaBa!
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2
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Trax
·2022-03-22
power
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3
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angelo0908
·2022-03-22
Good
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2
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V Investor
·2022-03-22
Good;
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5
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飙高音
·2022-03-22
K
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2
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MamaLee
·2022-03-22
Ok
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2
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Panthera
·2022-03-22
As long as their Gov don't impose more sanctions....
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5
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ccgcc
·2022-03-22
Hooray
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1
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SallyNeo
·2022-03-22
Ok
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1
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thecham
·2022-03-22
Ok
Reply
1
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N00b
·2022-03-22
Nice
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2
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Jason_LSE
·2022-03-22
May not know what the Gov will "say or do" next. Any influential comment may move prices either directions. 🤔
Reply
3
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Chris Tan
·2022-03-22
🌟🌟🌟🌟🌟
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2
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dw321
·2022-03-22
Wow going back to $300?
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2
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SiniS
·2022-03-22
👍🏻
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4
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waiwaiho
·2022-03-22
Pls like, thanks
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Andrewinho
·2022-03-22
👏👏👏🚀🚀🚀
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3
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Slee49
·2022-03-22
OK
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4
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not know what the Gov will \"say or do\" next. 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