Alibaba increases share buyback to $25 billion from $15 billion -Breaking
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© Reuters. FILEPHOTO: Man walks by Alibaba Group’s logo at Beijing office in Beijing, China on August 9, 2021. REUTERS/Tingshu Wang(Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd. announced on Tuesday, that its share-buyback program has been increased to $25 Billion from $15 Billion.
Weijian Shan was the chairman of PAG Investment Group, and was elected as an independent director.
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