Alibaba Announces Dividend Distributions
Ticker: BBAAY · Form: 6-K · Filed: May 31, 2024 · CIK: 1577552
| Field | Detail |
|---|---|
| Company | Alibaba Group Holding Ltd (BBAAY) |
| Form Type | 6-K |
| Filed Date | May 31, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, distribution, shareholder-return
Related Tickers: BABA
TL;DR
Alibaba is paying out dividends for FY24, including a special one. Shareholders rejoice!
AI Summary
Alibaba Group Holding Limited filed a Form 6-K on May 31, 2024, announcing dividend distributions. The filing includes announcements regarding dividend distribution logistics, a dividend for the year ended March 31, 2024, and a special dividend for the same period.
Why It Matters
This filing indicates a distribution of profits to shareholders, which can be a positive signal for investors regarding the company's financial health and commitment to returning value.
Risk Assessment
Risk Level: low — The filing is a routine announcement of dividend distributions and does not contain significant new risks.
Key Players & Entities
- Alibaba Group Holding Limited (company) — Registrant
- May 31, 2024 (date) — Filing date
- March 31, 2024 (date) — Fiscal year end for dividends
FAQ
What specific dividend amounts are being distributed?
The filing announces dividend distributions but does not specify the exact dollar amounts in the provided text.
When will the dividends be paid?
The filing does not specify the payment dates for the dividends.
What is the total value of the dividend distribution?
The provided text does not contain the total dollar amount of the dividend distributions.
Are these dividends for common shareholders?
The filing refers to 'dividend distribution' and 'dividend for the year' without specifying the class of shares, but typically these refer to common shareholders.
What is the purpose of Exhibit 99.1?
Exhibit 99.1 is an announcement related to 'Dividend Distribution Logistics'.
Filing Stats: 178 words · 1 min read · ~1 pages · Grade level 11.5 · Accepted 2024-05-31 06:02:36
Filing Documents
- tm2415924d1_6k.htm (6-K) — 9KB
- tm2415924d1_ex99-1.htm (EX-99.1) — 11KB
- tm2415924d1_ex99-2.htm (EX-99.2) — 4KB
- tm2415924d1_ex99-3.htm (EX-99.3) — 4KB
- tm2415924d1_ex99-2img001.jpg (GRAPHIC) — 312KB
- tm2415924d1_ex99-2img002.jpg (GRAPHIC) — 80KB
- tm2415924d1_ex99-3img001.jpg (GRAPHIC) — 335KB
- tm2415924d1_ex99-3img002.jpg (GRAPHIC) — 83KB
- 0001104659-24-066829.txt ( ) — 1146KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ALIBABA GROUP HOLDING LIMITED Date: May 31, 2024 By: /s/ Kevin Jinwei ZHANG Name: Kevin Jinwei ZHANG Title: Company Secretary 3