19:17
2026-08-23
247wallst.com
artificial-intelligence
This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI
Alibaba Group Holding Ltd. cut its share repurchases by roughly 80% in the June 2026 quarter, buying back 13.4 million ordinary shares (1.7 million ADSs) for US$162 million versus 56 million ordinary …