Alibaba has made an announcement stating that all stipulated conditions within the placement agreement for the previously announced proposed allotment of new shares, conducted under a general mandate, have been duly satisfied. The allotment process was successfully finalized on August 26, 2026. In this transaction, the company allotted 710 million shares at a price of HK$112.7 per share to a minimum of six recipients. These newly issued shares constitute roughly 3.57% of the company's total share capital post-allotment. The overall gross proceeds from this allotment reached approximately HK$80 billion, with net proceeds amounting to around HK$79.7 billion.
