BABA Alibaba Group Holding Limited

 

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

 

January 2, 2025 

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 ¨

 

 

EXHIBITS

 

Exhibit 99.1 – Announcement – Share Repurchase Update

 

 

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: January 2, 2025	By:	/s/ Kevin Jinwei ZHANG
	Name:	Kevin Jinwei ZHANG
	Title:	Company Secretary

 

 

 

Exhibit 99.1

 

Share Repurchase Update

 

During the quarter ended December 31, 2024, Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “we”) repurchased a total of 119 million ordinary shares (equivalent to 15 million ADSs) for a total of US$1.3 billion. These purchases were made in the U.S. market under our share repurchase program.

 

As of December 31, 2024, we had 18,517 million ordinary shares (equivalent to 2,315 million ADSs) outstanding, a net decrease of 103 million ordinary shares compared to September 30, 2024, or a 0.6% 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
		Mar. 31, 2023			Jun. 30, 2023			Sep. 30, 2023			Dec. 31, 2023			Mar. 31, 2024			Jun. 30, 2024			Sep. 30, 2024			Dec. 31, 2024
Repurchase amount (US$Bn)		$	1.9		$	3.1		$	1.7		$	2.9		$	4.8		$	5.8		$	4.1		$	1.3
Shares repurchased (Mn ADSs)			22			36			19			37			65			77			52			15
Outstanding shares (Mn ADSs)			2,566			2,549			2,531			2,499			2,434			2,378			2,327			2,315

 

The remaining amount of Board authorization for our share repurchase program, which is effective through March 2027, was US$20.7 billion as of December 31, 2024.

 

January 2, 2025

 

 

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