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Alibaba CFO Toby Xu Touts 5% Drop In Share Count Thanks To Aggressive Buybacks As Jack Ma-Founded Company Basks In Stellar Q3 Results

Summary

Alibaba Group Holding Ltd. has achieved a significant 5% reduction in share count over the past nine months through aggressive buyback initiatives, demonstrating strong capital return commitment amid robust financial performance.

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Article published on February 21, 2025 by benzinga