Alibaba shareholders approve 10% share issuance and buyback mandates
At its annual general meeting on September 22, 2026, Alibaba shareholders passed all four resolutions, including mandates to issue and to repurchase up to 10% of issued shares, each about 1.99 billion shares. The issuance mandate got 97.6% of votes cast in favour and the buyback mandate 99.8%. Three directors were re-elected with 97.3% to 98.2% support, while the reappointment of PricewaterhouseCoopers drew 28.7% against.
- Issuance mandate: up to 1,989,248,891 shares, 97.6% for
- Buyback mandate: up to 1,989,248,891 shares, 99.8% for
- Directors Maggie Wei Wu, Kabir Misra and Weijian Shan re-elected with 97.3% to 98.2% for
- Auditor appointment: 71.2% for, 28.7% against
- Shares in issue at the record date: 19,892,488,918
BABA around the story · hourly24 h reaction ▼ 4.97%
Source
SEC Form 6-K (voting results of 2026 AGM)Sep 22, 2026