Alibaba Group Holding Ltd 6-K, filed Jul 24, 2023
Alibaba Group Holding Ltd (BABA)
About this 6-K
Alibaba Group Holding Ltd filed this 6-K on July 24, 2023.
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
July 24, 2023
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 – Update on Ant Group’s Proposed Share Repurchase
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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: July 24, 2023 | By: | /s/ Kevin Jinwei ZHANG |
| Name: | Kevin Jinwei ZHANG | |
| Title: | Company Secretary | |
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Exhibit 99.1
Update on Ant Group’s Proposed Share Repurchase
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba Group” or “the Company”) has been informed by Ant Group Co. Ltd. (“Ant Group”), an unconsolidated related party in which Alibaba Group holds 33% of the equity interest, that Ant Group held its shareholder meeting on July 23, 2023, and its shareholders have approved, among other things, its proposal to repurchase from all of its shareholders up to 7.6% of its equity interest.
Given that Ant Group continues to be an important strategic partner to Alibaba Group’s various businesses, Alibaba Group has decided that it will not sell any shares to Ant Group under the proposed share repurchase, so as to maintain its shareholding in Ant Group.
Shareholders and potential investors should exercise caution when dealing in the Company's securities.
July 23, 2023
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