Alibaba (HKG:9988) repurchased 51 million ordinary shares in the quarter ended March 31 for $600 million, a Thursday filing with the Hong Kong bourse said.
The shares were bought back in the US under the ecommerce giant's buyback program.
In the fiscal year ended March 31, the company repurchased a total of 1,197,000,000 ordinary shares in the Hong Kong and US markets for a total of $11.9 billion.
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