Alibaba repurchases shares from SoftBank at $74 per share

Alibaba repurchases shares from SoftBank at $74 per share

4:39 PM
(Reuters) - Chinese ecommerce company Alibaba Group Holding Ltd said on Wednesday it has agreed to buy 27 million of its own shares from SoftBank Group Corp at $74 per share, or $2 billion.


from Reuters: Technology News http://ift.tt/1WxrPi9
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