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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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Comment20

  • JCai
    ·2022-03-23
    K
    Reply
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  • Sysy
    ·2022-03-23
    L
    Reply
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  • jgaldon
    ·2022-03-23
    Hold on up there BaBa!
    Reply
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  • Trax
    ·2022-03-22
    power
    Reply
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  • angelo0908
    ·2022-03-22
    Good
    Reply
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  • V Investor
    ·2022-03-22
    Good;
    Reply
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  • 飙高音
    ·2022-03-22
    K
    Reply
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  • MamaLee
    ·2022-03-22
    Ok
    Reply
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  • Panthera
    ·2022-03-22
    As long as their Gov don't impose more sanctions....
    Reply
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  • ccgcc
    ·2022-03-22
    Hooray
    Reply
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  • SallyNeo
    ·2022-03-22
    Ok
    Reply
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  • thecham
    ·2022-03-22
    Ok
    Reply
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  • N00b
    ·2022-03-22
    Nice
    Reply
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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
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  • Chris Tan
    ·2022-03-22
    🌟🌟🌟🌟🌟
    Reply
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  • dw321
    ·2022-03-22
    Wow going back to $300?
    Reply
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  • SiniS
    ·2022-03-22
    👍🏻
    Reply
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  • waiwaiho
    ·2022-03-22
    Pls like, thanks 
    Reply
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  • Andrewinho
    ·2022-03-22
    👏👏👏🚀🚀🚀
    Reply
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  • Slee49
    ·2022-03-22
    OK
    Reply
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