STOCK TITAN

Alibaba holders OK 1.99B-share issue, buyback

Alibaba’s 2026 AGM approved all proposals, including 10% issuance and repurchase mandates, with about 65% of eligible shares represented.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Alibaba Group Holding Ltd (BABA) reports that shareholders at the September 22, 2026 annual general meeting approved all ordinary resolutions, including share issuance and repurchase authorities and the election of directors. With 19,892,488,918 Ordinary Shares in issue, the Share Issuance Mandate permits issuing or reselling up to 1,989,248,891 Ordinary Shares, and the Share Repurchase Mandate permits repurchasing up to 1,989,248,891 Ordinary Shares.

A total of 12,527,670,899 Ordinary Shares, representing approximately 65.3% of shares issued as of the August 5, 2026 record date, were represented in person or by proxy. Citibank, N.A., as ADS depositary, granted a discretionary proxy over Ordinary Shares underlying approximately 297 million ADSs, which the chief executive officer voted in favor of all proposals.

Positive

  • None.

Negative

  • None.

Filing Explained

The auditor appointment passed with 71.2% support, while the approved share authorities remain unused capacity in this filing.

The approved Share Issuance and Share Repurchase Mandates are permissions for future transactions: the filing does not report an issuance, resale, or repurchase, so it records capacity rather than a completed change in shares outstanding.

The mandates permit issuing or reselling up to 1,989,248,891 Ordinary Shares and repurchasing up to 1,989,248,891 Ordinary Shares. The company also reports no Treasury Shares and no repurchased shares pending cancellation as of the record date.

The auditor appointment passed with 71.2% of votes for and 28.7% against, compared with 97.6% for the issuance mandate and 99.8% for the repurchase mandate.

Ordinary Shares in issue at meeting date 19,892,488,918 shares Aggregate Ordinary Shares in issue as at the date of the General Meeting
Share Issuance Mandate capacity 1,989,248,891 shares Maximum Ordinary Shares that may be issued or resold under the Share Issuance Mandate
Share Repurchase Mandate capacity 1,989,248,891 shares Maximum Ordinary Shares that may be repurchased under the Share Repurchase Mandate
Turnout at General Meeting 12,527,670,899 shares (65.3%) Ordinary Shares present in person or by proxy as a percentage of shares issued as of August 5, 2026
Shares entitled to vote at record date 18,654,102,647 shares Ordinary Shares, including those underlying ADSs, entitled to attend and vote as of August 5, 2026
Votes for Share Issuance Mandate 12,229,709,872 votes (97.6%) Votes cast in favor of granting the Share Issuance Mandate
Votes for Share Repurchase Mandate 12,500,413,096 votes (99.8%) Votes cast in favor of granting the Share Repurchase Mandate
ADSs under discretionary proxy 297,000,000 ADSs (approx.) ADSs for which no instructions were given and for which a discretionary proxy was granted
Share Issuance Mandate financial
"maximum of 1,989,248,891 Ordinary Shares under the Share Issuance Mandate"
Share Repurchase Mandate financial
"repurchase a maximum of 1,989,248,891 Ordinary Shares under the Share Repurchase Mandate"
A share repurchase mandate is permission from a company’s board or shareholders to buy back its own stock up to a specified amount or time period. Investors care because buybacks reduce the number of shares outstanding—like a firm collecting and canceling its own coupons—so each remaining share represents a slightly larger slice of ownership and potential earnings, which can support the share price and signal management’s confidence in the business.
Treasury Shares financial
"including those underlying ADSs and excluding Treasury Shares, if any"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
discretionary proxy regulatory
"The Company was granted a discretionary proxy by Citibank, N.A."
Hong Kong Listing Rules regulatory
"In addition, under the Hong Kong Listing Rules, certain shareholders"
A set of official requirements and procedures companies must follow to list and trade shares on the Hong Kong stock exchange. Think of it as a rulebook and checklist that determines who can join the market, what financial and governance information they must disclose, and what ongoing duties they have; these rules matter to investors because they shape how much transparency, oversight and legal protection shareholders can expect, which affects risk and valuation.
scrutineer regulatory
"Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Alibaba Group (BABA) shareholders approve at the 2026 annual general meeting?

Shareholders approved all ordinary resolutions, including the Share Issuance Mandate, the Share Repurchase Mandate, the election of directors (including Group III directors), and auditor appointments, each receiving majority support based on votes cast at the meeting.

How many Alibaba (BABA) shares can be issued or repurchased under the new mandates?

With 19,892,488,918 Ordinary Shares in issue, Alibaba may issue or resell up to 1,989,248,891 Ordinary Shares under the Share Issuance Mandate and repurchase up to 1,989,248,891 Ordinary Shares under the Share Repurchase Mandate.

What was the shareholder turnout for Alibaba (BABA)’s 2026 AGM?

A total of 12,527,670,899 Ordinary Shares, including those underlying ADSs, were present in person or by proxy, representing approximately 65.3% of the 18,654,102,647 Ordinary Shares entitled to attend and vote as of the August 5, 2026 record date.

How strongly were Alibaba (BABA)’s share issuance and repurchase mandates supported?

The Share Issuance Mandate received 12,229,709,872 votes for (97.6%) and 283,410,555 against (2.3%). The Share Repurchase Mandate received 12,500,413,096 votes for (99.8%) and 14,069,911 against (0.1%).

Were Alibaba (BABA) directors re-elected with high support at the 2026 AGM?

Yes. For example, Maggie Wei WU (Group III) received 12,194,258,280 votes for (97.3%). Kabir MISRA received 12,300,461,737 votes for (98.2%), and Weijian SHAN received 12,279,346,371 votes for (98.0%).

How were Alibaba (BABA) ADSs voted when holders gave no instructions?

Citibank, N.A., as ADS depositary, granted Alibaba a discretionary proxy to vote Ordinary Shares underlying approximately 297 million ADSs. The company designated CEO Eddie Yongming WU, who exercised this proxy to vote in favor of each proposal.

How contentious was the auditor appointment vote at Alibaba (BABA)’s 2026 AGM?

The auditor appointments received 8,921,932,122 votes for (71.2%) and 3,589,459,490 votes against (28.7%), with 16,235,336 abstentions (0.1%). The resolution nevertheless passed as an ordinary resolution.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 Under

the Securities Exchange Act of 1934

 

For the month of September, 2026

Commission File Number: 001-36614

 

Alibaba Group Holding Limited

(Registrant’s name)

 

26/F Tower One, Times Square

1 Matheson Street

Causeway Bay

Hong Kong S.A.R.

People’s Republic of China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x Form 40-F ¨

 

 

 

 

 

 

EXHIBITS

 

Exhibit 99.1 –  Voting Results of Annual General Meeting

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ALIBABA GROUP HOLDING LIMITED
     
Date: September 22, 2026 By: /s/ Kevin Jinwei ZHANG
  Name: Kevin Jinwei ZHANG
  Title: Company Secretary  

 

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Exhibit 99.1

 

VOTING RESULTS OF 2026 ANNUAL GENERAL MEETING

 

Reference is made to the proxy statement of the Company dated August 6, 2026 (the “Proxy Statement”). Unless otherwise defined herein, capitalized terms in this announcement shall have the same meanings as defined in the Proxy Statement.

 

At the General Meeting held on September 22, 2026, the requisite majorities of the shareholders voted in favor of the following proposals, and accordingly each such resolution was duly passed as an ordinary resolution:

 

·to grant a general mandate to the Board to issue, allot and/or otherwise deal with additional Ordinary Shares (including in the form of ADSs) of the Company (including any sale or transfer of Treasury Shares) during the Issuance Period not exceeding 10% of the number of issued Ordinary Shares of the Company (excluding Treasury Shares) as of the date of passing of this ordinary resolution and any Ordinary Shares to be issued and allotted pursuant to this mandate shall not be at a discount of more than 10% to the Benchmarked Price (the “Share Issuance Mandate”), as detailed in the Proxy Statement;

 

·to grant a general mandate to the Board to repurchase Ordinary Shares (including in the form of ADSs) of the Company during the Repurchase Period not exceeding 10% of the number of issued Ordinary Shares of the Company (excluding Treasury Shares) as of the date of passing of this ordinary resolution (the “Share Repurchase Mandate”), as detailed in the Proxy Statement;

 

·to elect each of Maggie Wei WU, Kabir MISRA and Weijian SHAN to serve as Group III directors for a term of office to expire at the Company’s 2029 annual general meeting; and

 

·to approve the appointments of PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as the U.S. and Hong Kong independent registered public accounting firms of the Company, respectively, until the conclusion of the next annual general meeting of the Company and for the Board to determine their remuneration (collectively, the “Auditor Appointments”).

 

As at the date of the General Meeting, the Company had an aggregate of 19,892,488,918 Ordinary Shares in issue (including those underlying ADSs and excluding Treasury Shares, if any). Therefore, the Company would be allowed to (i) issue or resell (in the case of Treasury Shares) a maximum of 1,989,248,891 Ordinary Shares under the Share Issuance Mandate; and (ii) repurchase a maximum of 1,989,248,891 Ordinary Shares under the Share Repurchase Mandate.

 

Eddie Yongming WU, as the chairman of the General Meeting, J. Michael EVANS as director, and Jerry YANG, Kabir MISRA, Wan Ling MARTELLO, Irene Yun-Lien LEE and Albert Kong Ping NG as independent directors of the Company, attended the General Meeting.

 

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The results of the votes are as follows:

 

   For   Against   Abstain 
Resolutions1  Votes   %   Votes   %   Votes   % 
By ordinary resolutions:                        
Grant the Share Issuance Mandate   12,229,709,872    97.6%   283,410,555    2.3%   14,541,271    0.1%
Grant the Share Repurchase Mandate   12,500,413,096    99.8%   14,069,911    0.1%   13,161,341    0.1%
Election of Directors                              
Maggie Wei WU (Group III)   12,194,258,280    97.3%   316,001,987    2.5%   17,377,181    0.1%
Kabir MISRA (Group III)   12,300,461,737    98.2%   193,327,374    1.5%   33,836,147    0.3%
Weijian SHAN (Group III)   12,279,346,371    98.0%   214,498,888    1.7%   33,780,089    0.3%
Auditor Appointments   8,921,932,122    71.2%   3,589,459,490    28.7%   16,235,336    0.1%

 

 

1.Please refer to the Notice of Annual General Meeting and the Proxy Statement for the full text and details of the resolutions.

 

The Company was granted a discretionary proxy by Citibank, N.A., the depositary of the ADSs, pursuant to the Deposit Agreement governing the ADSs, to vote the Ordinary Shares underlying approximately 297 million ADSs (each ADS represents eight Ordinary Shares) for which no voting instructions were given by the holders. The Company designated Eddie Yongming WU, Chief Executive Officer, who exercised the discretionary proxy on behalf of the Company to vote in favor of each of the proposals submitted for shareholder approval at the General Meeting.

 

A total of 12,527,670,899 Ordinary Shares, including those underlying ADSs, representing approximately 65.3% of the Ordinary Shares issued as of August 5, 2026, the record date, were present in person or by proxy at the General Meeting.

 

Among the Ordinary Shares issued as of the record date, 18,654,102,647 Ordinary Shares, including those underlying ADSs, entitled the holders to attend and vote on the resolutions at the General Meeting. As of the record date, the Company has no Treasury Shares and no repurchased Ordinary Shares pending cancellation. The following Ordinary Shares were excluded from the number of Ordinary Shares entitled to attend and vote on the resolutions at the General Meeting, and no voting rights of such Ordinary Shares have been exercised at the General Meeting:

 

·518,540,135 Ordinary Shares that were held by the trustee of the Company’s equity incentive schemes, who was required under Rule 17.05A of the Hong Kong Listing Rules to abstain from voting (whether in favor or against) on matters that require shareholders’ approval under the Hong Kong Listing Rules. Other than the trustee of the Company’s equity incentive schemes, no other shareholder was required under the Hong Kong Listing Rules to abstain from voting on any of the resolutions at the General Meeting.

 

In addition, under the Hong Kong Listing Rules, certain shareholders may be required to abstain from voting in favor of certain matters at the General Meeting. Pursuant to Rule 13.40 of the Hong Kong Listing Rules, these shareholders may vote against the relevant resolutions, provided that their intention to do so has been stated in the Proxy Statement. No shareholders have stated their intention to vote against or abstain from voting on any of the resolutions proposed at the General Meeting in the Proxy Statement.

 

Our Hong Kong share registrar, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the General Meeting.

 

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Filing Exhibits & Attachments

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