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275 views • March 23, 2022

Alibaba Scrambles to Prop up Tumbling Share Price

NTD News
NTD News
Alibaba is acting after its share price cratered more than 50 percent over the past year. The E-commerce titan said on March 22, that it would increase a planned share buyback to $25 billion. That’s a record for the company, and it is also the second time Alibaba increased the buyback plan.
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