07:38 AM EDT, 04/03/2024 (MT Newswires) -- Alibaba Group Holding ( BABA ) said in a Tuesday filing that it has repurchased 524 million common shares, equivalent to 65 million American depositary shares, for a total of $4.8 billion in fiscal Q4 ended March 31.

The company said the buybacks were made in both the US and Hong Kong markets under its current repurchase program. Alibaba ( BABA ) said the program has a remaining buyback capacity of $31.9 billion as of March 31.

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