---
title: "Alibaba-W spent approximately USD 39.9871 million to repurchase 3.748 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/214281243.md"
description: "Alibaba-W repurchased 3.748 million shares on September 12, 2024, on the New York Stock Exchange, spending approximately USD 39.9871 million, at a repurchase price of USD 10.63 to USD 10.71 per share. The next day, the company issued 320,000 shares to a director as part of the 2014 equity incentive plan and cancelled 75.9042 million repurchased shares"
datetime: "2024-09-13T11:18:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/214281243.md)
  - [en](https://longbridge.com/en/news/214281243.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/214281243.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/214281243.md) | [繁體中文](https://longbridge.com/zh-HK/news/214281243.md)


# Alibaba-W spent approximately USD 39.9871 million to repurchase 3.748 million shares

On September 12, 2024, Alibaba-W (09988) announced that it repurchased approximately $39.9871 million worth of 3.748 million shares on the New York Stock Exchange at a repurchase price of $10.63-$10.71 per share.

On September 13, 2024, the company issued 320,000 shares to a director under the 2014 equity incentive plan since its listing, and cancelled 75.9042 million repurchased shares

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