On February 28, 2025, Alibaba Group Holding Limited reported changes in its issued shares and treasury shares as part of its regulatory obligations on the Hong Kong Stock Exchange. The company issued new shares on February 6, 2025, as part of its equity incentive plan, and repurchased shares on February 26, 2025, on the New York Stock Exchange. These actions are part of Alibaba's ongoing efforts to manage its share capital and align with strategic objectives, potentially impacting shareholder value and market perception.