BBAAY Alibaba Group Holding Ltd (PK)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 Under

the Securities Exchange Act of 1934

 

October 2, 2024

Commission File Number: 001-36614

 

Alibaba Group Holding Limited

(Registrant’s name)

 

26/F Tower One, Times Square

1 Matheson Street

Causeway Bay

Hong Kong S.A.R.

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x Form 40-F o

 

 

EXHIBITS

 

Exhibit 99.1 – Announcement – Share Repurchase Update

 

 

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: October 2, 2024	By:	/s/Kevin Jinwei ZHANG
	Name:	Kevin Jinwei ZHANG
	Title:	Company Secretary

 

 

Exhibit 99.1

Share Repurchase Update

 

During the quarter ended September 30, 2024, Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “we”) repurchased a total of 414 million ordinary shares (equivalent to 52 million ADSs) for a total of US$4.1 billion. These purchases were made in both the U.S. and Hong Kong markets under our share repurchase program.

 

As of September 30, 2024, we had 18,620 million ordinary shares (equivalent to 2,327 million ADSs) outstanding, a net decrease of 405 million ordinary shares compared to June 30, 2024, or a 2.1% net reduction in our outstanding shares after accounting for shares issued under our ESOP.

 

Historical repurchases and total shares outstanding are set forth in the table below:

 

		Three months ended
		Dec. 31, 2022				Mar. 31, 2023				Jun. 30, 2023				Sep. 30, 2023				Dec. 31, 2023				Mar. 31, 2024				Jun. 30, 2024				Sep. 30, 2024
Repurchase amount (US$Bn)		$	3.3			$	1.9			$	3.1			$	1.7			$	2.9			$	4.8			$	5.8			$	4.1
Shares repurchased (Mn ADSs)			45				22				36				19				37				65				77				52
Outstanding shares (Mn ADSs)			2,585				2,566				2,549				2,531				2,499				2,434				2,378				2,327

 

The remaining amount of Board authorization for our share repurchase program, which is effective through March 2027, was US$22.0 billion as of September 30, 2024.

 

October 2, 2024 

 

 

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