Alibaba Group says it repurchased shares worth $9.5b in 2023

Alibaba Group says it repurchased shares worth $9.5b in 2023

FILE PHOTO: The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song/File Photo

China’s Alibaba Group said on Tuesday it had repurchased 897.9 million of its shares for $9.5 billion in 2023.