6-K
Alibaba Group Holding Ltd (BABA)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 Under
the Securities Exchange Act of 1934
October 2, 2024
Commission File Number: 001-36614
Alibaba Group Holding Limited
(Registrant’s name)
26/F Tower One, Times Square
1 Matheson Street
Causeway Bay
Hong Kong S.A.R.
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o
EXHIBITS
Exhibit 99.1 – Announcement – Share Repurchase Update
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| **** | ALIBABA GROUP HOLDING LIMITED | |
|---|---|---|
| Date: October 2, 2024 | By: | /s/Kevin Jinwei ZHANG |
| Name: | Kevin Jinwei ZHANG | |
| Title: | Company Secretary |
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Exhibit 99.1
Share Repurchase Update
During the quarter ended September 30, 2024, Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “we”) repurchased a total of 414 million ordinary shares (equivalent to 52 million ADSs) for a total of US$4.1 billion. These purchases were made in both the U.S. and Hong Kong markets under our share repurchase program.
As of September 30, 2024, we had 18,620 million ordinary shares (equivalent to 2,327 million ADSs) outstanding, a net decrease of 405 million ordinary shares compared to June 30, 2024, or a 2.1% net reduction in our outstanding shares after accounting for shares issued under our ESOP.
Historical repurchases and total shares outstanding are set forth in the table below:
| Three months ended | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec. 31,<br> 2022 | Mar. 31,<br> 2023 | Jun. 30,<br> 2023 | Sep. 30,<br> 2023 | Dec. 31,<br> 2023 | Mar. 31,<br> 2024 | Jun. 30,<br> 2024 | Sep. 30,<br> 2024 | |||||||||
| Repurchase amount (US$Bn) | $ | 3.3 | $ | 1.9 | $ | 3.1 | $ | 1.7 | $ | 2.9 | $ | 4.8 | $ | 5.8 | $ | 4.1 |
| Shares repurchased (Mn ADSs) | 45 | 22 | 36 | 19 | 37 | 65 | 77 | 52 | ||||||||
| Outstanding shares (Mn ADSs) | 2,585 | 2,566 | 2,549 | 2,531 | 2,499 | 2,434 | 2,378 | 2,327 |
The remaining amount of Board authorization for our share repurchase program, which is effective through March 2027, was US$22.0 billion as of September 30, 2024.
October 2, 2024
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