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Alibaba Group increases share repurchase programme to $10 billion

"This Share Repurchase Program will be effective for a two-year period through the end of 2022," Alibaba said in a statement.

December 28, 2020 / 04:22 PM IST

Alibaba Group Holding Ltd said on Sunday its board has authorized an increase in the company's share repurchase programme to $10 billion from $6 billion.

"This Share Repurchase Program will be effective for a two-year period through the end of 2022," Alibaba said in a statement.
Reuters
first published: Dec 28, 2020 07:31 am
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