Alibaba Buys Back $877M in Shares
Ticker: BBAAY · Form: 6-K · Filed: Jul 2, 2025 · CIK: 1577552
| Field | Detail |
|---|---|
| Company | Alibaba Group Holding Ltd (BBAAY) |
| Form Type | 6-K |
| Filed Date | Jul 2, 2025 |
| Risk Level | low |
| Sentiment | bullish |
Sentiment: bullish
Topics: share-repurchase, shareholder-return, buyback
Related Tickers: BABA
TL;DR
BABA just bought back $877M in stock, showing confidence. Keep an eye on this.
AI Summary
Alibaba Group Holding Limited announced an update on its share repurchase program on July 2, 2025. The company has repurchased approximately 10.7 million ordinary shares, representing about 0.5% of its total shares outstanding, for a total of $877.1 million under its share repurchase program authorized in March 2024. This update is part of their ongoing commitment to returning value to shareholders.
Why It Matters
The significant share buyback indicates management's confidence in the company's valuation and its commitment to increasing shareholder value by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — This filing is a routine update on a previously announced share repurchase program and does not introduce new material risks.
Key Numbers
- $877.1M — Share Repurchases (Amount spent on repurchasing shares as of July 2, 2025.)
- 10.7 million — Ordinary Shares Repurchased (Number of shares bought back under the program.)
- 0.5% — Percentage of Outstanding Shares (Proportion of total shares outstanding that were repurchased.)
Key Players & Entities
- Alibaba Group Holding Limited (company) — Registrant
- Kevin Jinwei ZHANG (person) — Company Secretary
- $877.1 million (dollar_amount) — Amount spent on share repurchases
- March 2024 (date) — Authorization date of the share repurchase program
- July 2, 2025 (date) — Date of the filing and announcement
FAQ
What is the total authorized amount for Alibaba's share repurchase program?
The filing does not specify the total authorized amount, but it details repurchases made under the program authorized in March 2024.
How many shares has Alibaba repurchased in total since the program began?
Since the program's inception, Alibaba has repurchased approximately 10.7 million ordinary shares.
What was the average price per share repurchased?
The filing does not explicitly state the average price per share, but the total spent ($877.1 million) divided by the shares repurchased (10.7 million) suggests an average price of approximately $82 per share.
When was the current share repurchase program authorized?
The share repurchase program was authorized in March 2024.
Who signed this 6-K filing on behalf of Alibaba?
Kevin Jinwei ZHANG, Company Secretary, signed the filing on behalf of Alibaba Group Holding Limited.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on July 2, 2025 by Kevin Jinwei ZHANG regarding Alibaba Group Holding Ltd (BBAAY).