Alibaba Jumped Over 12% in Morning Trading after Raising Buyback Target to $25B

Tiger Newspress2022-03-22

Alibaba jumped over 12% in morning trading after raising buyback target to $25 billion.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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Comment（26）

LimLS
·2022-03-23
Need more than share buyback to bring price back up to its previous level. They need the help of the big funds/institutions to start buying to push the price up. As of now, these big boys are stil wary of the Chinese ADR. Until we see news of SEC letting go of the Chinese ADR, expect the price to continue its up/down within a certain range.
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2
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PaperPlay
·2022-03-23
Appreciate constructive comments below: whybuy $BABA when the superior company doing the same thing & more is $AMZN?
Reply
1
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Bspn
·2022-03-23
Ok
Reply
1
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Jazling
·2022-03-23
Wow
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1
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Barbarazhao
·2022-03-23
Great 👍
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1
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Ken7979
·2022-03-23
Buy with confidence!
Reply
1
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SCLIEW
·2022-03-23
666
Reply
1
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Beli
·2022-03-23
Glad it's going back on track!
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4
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Mister Makam
·2022-03-23
finally showing much deserved growth. it was oversold for sure. very good for those who bought when it was 85
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3
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BKT
·2022-03-23
Good. Pls like thanks.
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4
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PatSze98
·2022-03-22
Buy buy buy
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4
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chinks29
·2022-03-22
Like
Reply
4
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HOOI
·2022-03-22
Good
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2
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GggSlimeR
·2022-03-22
Wow let's go Do not like my comment
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1
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来人
·2022-03-22
Nice
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1
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tothemoonmoo
·2022-03-22
Yes
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niqueenie
·2022-03-22
Good News
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2
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Lim89
·2022-03-22
Hi
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3
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Carolir
·2022-03-22
.
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Xiaodai
·2022-03-22
[Miser]
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They need the help of the big funds/institutions to start buying to push the price up. As of now, these big boys are stil wary of the Chinese ADR. Until we see news of SEC letting go of the Chinese ADR, expect the price to continue its up/down within a certain range.","listText":"Need more than share buyback to bring price back up to its previous level. They need the help of the big funds/institutions to start buying to push the price up. As of now, these big boys are stil wary of the Chinese ADR. Until we see news of SEC letting go of the Chinese ADR, expect the price to continue its up/down within a certain range.","text":"Need more than share buyback to bring price back up to its previous level. They need the help of the big funds/institutions to start buying to push the price up. As of now, these big boys are stil wary of the Chinese ADR. Until we see news of SEC letting go of the Chinese ADR, expect the price to continue its up/down within a certain range.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037979494","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037997937,"gmtCreate":1648000734257,"gmtModify":1676534291368,"author":{"id":"4103864033944460","authorId":"4103864033944460","name":"PaperPlay","avatar":"https://community-static.tradeup.com/news/f9bd8cbd182d6cb24667a31115671409","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4103864033944460","authorIdStr":"4103864033944460"},"htmlText":"Appreciate constructive comments below: whybuy $BABA when the superior company doing the same thing &amp; more is $AMZN?","listText":"Appreciate constructive comments below: whybuy $BABA when the superior company doing the same thing &amp; more is $AMZN?","text":"Appreciate constructive comments below: whybuy $BABA when the superior company doing the same thing & more is $AMZN?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037997937","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037017827,"gmtCreate":1647992371212,"gmtModify":1676534289057,"author":{"id":"3582502134655895","authorId":"3582502134655895","name":"Bspn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582502134655895","authorIdStr":"3582502134655895"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037017827","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037012750,"gmtCreate":1647992229982,"gmtModify":1676534288986,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3566821013640470","authorIdStr":"3566821013640470"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037012750","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037031463,"gmtCreate":1647991021497,"gmtModify":1676534288687,"author":{"id":"3576888762442253","authorId":"3576888762442253","name":"Barbarazhao","avatar":"https://static.tigerbbs.com/40f6fdeabe0e8cac300f1fd2a17eb3ac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3576888762442253","authorIdStr":"3576888762442253"},"htmlText":"Great 👍&nbsp;","listText":"Great 👍&nbsp;","text":"Great 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037031463","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034774607,"gmtCreate":1647988300169,"gmtModify":1676534287770,"author":{"id":"3558513945558541","authorId":"3558513945558541","name":"Ken7979","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3558513945558541","authorIdStr":"3558513945558541"},"htmlText":"Buy with confidence!&nbsp;","listText":"Buy with confidence!&nbsp;","text":"Buy with confidence!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034774607","repostId":1194662333,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034774138,"gmtCreate":1647988270642,"gmtModify":1676534287762,"author":{"id":"4092970777728640","authorId":"4092970777728640","name":"SCLIEW","avatar":"https://static.tigerbbs.com/5da553e4d3d35db75d1caae023ca8a03","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4092970777728640","authorIdStr":"4092970777728640"},"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034774138","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034726889,"gmtCreate":1647969855566,"gmtModify":1676534286791,"author":{"id":"4092138473478360","authorId":"4092138473478360","name":"Beli","avatar":"https://static.tigerbbs.com/12287da3d64d63968897c06e82fb422b","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"4092138473478360","authorIdStr":"4092138473478360"},"htmlText":"Glad it's going back on track!","listText":"Glad it's going back on track!","text":"Glad it's going back on track!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034726889","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034728092,"gmtCreate":1647968859927,"gmtModify":1676534286757,"author":{"id":"4101300355305190","authorId":"4101300355305190","name":"Mister Makam","avatar":"https://static.itradeup.com/news/f20cd2203d886dadd67ac929e31ae691","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4101300355305190","authorIdStr":"4101300355305190"},"htmlText":"finally showing much deserved&nbsp;growth. it was oversold for sure. very good for those who bought when it was 85","listText":"finally showing much deserved&nbsp;growth. it was oversold for sure. very good for those who bought when it was 85","text":"finally showing much deserved growth. it was oversold for sure. very good for those who bought when it was 85","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034728092","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034767161,"gmtCreate":1647966754456,"gmtModify":1676534286496,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://community-static.tradeup.com/news/15cb8e8f0a7c44ca01c83b3bfdddbd86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570853427202414","authorIdStr":"3570853427202414"},"htmlText":"Good. Pls like thanks.","listText":"Good. Pls like thanks.","text":"Good. Pls like thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034767161","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034795696,"gmtCreate":1647960679723,"gmtModify":1676534285241,"author":{"id":"3560845643561150","authorId":"3560845643561150","name":"PatSze98","avatar":"https://static.tigerbbs.com/eaf7cf9115008ca78f334090541a6f3d","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3560845643561150","authorIdStr":"3560845643561150"},"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034795696","repostId":1194662333,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034795922,"gmtCreate":1647960667016,"gmtModify":1676534285250,"author":{"id":"4095681829599530","authorId":"4095681829599530","name":"chinks29","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4095681829599530","authorIdStr":"4095681829599530"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034795922","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034795067,"gmtCreate":1647960636388,"gmtModify":1676534285235,"author":{"id":"3576901678834606","authorId":"3576901678834606","name":"HOOI","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576901678834606","authorIdStr":"3576901678834606"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034795067","repostId":1194662333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034796155,"gmtCreate":1647960486485,"gmtModify":1676534285202,"author":{"id":"4093058604760480","authorId":"4093058604760480","name":"GggSlimeR","avatar":"https://community-static.tradeup.com/news/4b805c8472adab6d9418f36452434a56","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"4093058604760480","authorIdStr":"4093058604760480"},"htmlText":"Wow let's go&nbsp;Do not like my comment&nbsp;","listText":"Wow let's go&nbsp;Do not like my comment&nbsp;","text":"Wow let's go Do not like my 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