{"id":773213,"date":"2022-03-22T07:00:12","date_gmt":"2022-03-22T06:00:12","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board\/"},"modified":"2023-07-11T16:01:54","modified_gmt":"2023-07-11T14:01:54","slug":"alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-asia-pacific\/alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board\/","title":{"rendered":"Alibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion, Appoints New Independent Director to Board"},"content":{"rendered":"HANGZHOU, China--(BUSINESS WIRE)--#alibaba--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the \u201cCompany\u201d) today announced that the Company\u2019s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the \u201cShare Repurchase Program\u201d), in a sign of confidence about the Company\u2019s continued growth in the future. The Company also announced that Weijian Shan, executive chairman of investment group PAG, was appointed as an independent director to the Company\u2019s board.\n\n\n\nThe Share Repurchase Program will be effective for a two-year period through March 2024. As of March 18, 2022, the Company had purchased a total of 56.2 million American depositary shares under the previously announced s
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HANGZHOU, China–(BUSINESS WIRE)–#alibaba–Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the \u201cCompany\u201d) today announced that the Company\u2019s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the \u201cShare Repurchase Program\u201d), in a sign of confidence about the Company\u2019s continued growth in the future. The Company also announced that […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49626],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-773213","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-asia-pacific"],"acf":[],"yoast_head":"\nAlibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion, Appoints New Independent Director to Board - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-asia-pacific\/alibaba-group-upsizes-share-repurchase-to-us25-billion-from-us15-billion-appoints-new-independent-director-to-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion, Appoints New Independent Director to Board - BeBeez\" \/>\n<meta property=\"og:description\" content=\"HANGZHOU, China--(BUSINESS WIRE)--#alibaba--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the \u201cCompany\u201d) today announced that the Company\u2019s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the \u201cShare Repurchase Program\u201d), in a sign of confidence about the Company\u2019s continued growth in the future. 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