The Business Times

Alibaba increases share buyback to US$25b from US$15b

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Published Tue, Mar 22, 2022 · 12:48 AM

    [BENGALURU] Chinese e-commerce giant Alibaba Group said on Tuesday it upsized its share buyback programme to US$25 billion from US$15 billion.

    The company appointed Weijian Shan, the executive chairman of investment group PAG, as an independent director to its board. AFP

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