Alibaba's buyback program increased to $65 billion, with a large buyback.
In the face of the stock price falling endlessly, on February 7, Alibaba increased the buyback quota by another $25 billion.
The time limit for this repurchase will be as long as 3 years, and the repurchase will be until the end of March 2027, which is equivalent to an annual repurchase of more than 20 billion US dollars, which is unattainable by any A-share company, but it is a pity that it is a company listed on the Hong Kong and US stock markets.
With such a large amount of repurchase, the stock price is likely to rise sharply in the future, which also shows the company's full confidence in its own future development and the importance of investor returns.
