{"id":39913,"date":"2022-03-22T01:48:08","date_gmt":"2022-03-22T01:48:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=39913"},"modified":"2022-03-22T01:48:08","modified_gmt":"2022-03-22T01:48:08","slug":"alibaba-expands-share-buy-back-to-a-record-us25-billion-amid-stock-price-slump","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=39913","title":{"rendered":"Alibaba expands share buy-back to a record US$25 billion amid stock price slump"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba Group Holding, the Hangzhou-based e-commerce giant, upsized its share buy-back programme from US$15 billion to US$25 billion on Tuesday amid a plunge in its stock price. It is the largest buy-back in the tech giant\u2019s history.The programme will run for two years through March 2024, the company said in a statement. Alibaba, which owns the South China Morning Post, had announced a US$10 billion share buy-back plan in December 2020 and expanded it to US$15 billion in August last year\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3171343\/alibaba-expands-share-buy-back-record-us25-billion-amid-stock-price?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba Group Holding, the Hangzhou-based e-commerce giant, upsized its share buy-back programme from US$15 billion to US$25 billion on Tuesday amid a plunge in&hellip; <\/p>\n","protected":false},"author":0,"featured_media":39914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/39913"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39913"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/39913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/39914"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39913"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}