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This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI

Source: Biztoc.com· 247wallst.com· August 23, 2026
This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI

The post This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI appeared first on 24/7 Wall St.. Alibaba (NYSE:BABA) just made its capital allocation priorities unmistakable. In the June 2026 quarter, the company repurchased 13.4 million ordinary shar…

This story was reported by Biztoc.com. Read the full original article:
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