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Alibaba makes biggest ever quarterly share repurchase worth $4.8 billion
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Alibaba makes biggest ever quarterly share repurchase worth $4.8 billion
Apr 2, 2024 6:38 AM

(Reuters) - Chinese e-commerce giant Alibaba Group ( BABA ) said it had bought back $4.8 billion worth of shares in the quarter ended March, its highest ever since listing, a couple of months after boosting the stock buyback plan by $25 billion through March 2027.

(Reporting by Aaditya Govind Rao in Bengaluru; Editing by Arun Koyyur)

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