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Alibaba Group Holding Ltd. ( (HK:9988) ) has provided an update.
Alibaba Group Holding Limited announced a two-part dividend distribution totaling US$0.25 per ordinary share or US$2.00 per ADS, which includes a regular annual cash dividend and a one-time extraordinary cash dividend from the proceeds of business and financial asset dispositions. The record date for the dividend is June 12, 2025, with payments expected around July 3, 2025, for ordinary shares and July 10, 2025, for ADS holders. The announcement highlights the logistics for shareholders and ADS holders, including the temporary suspension of conversions between ordinary shares and ADSs, but assures that trading on stock exchanges will not be affected.
The most recent analyst rating on (HK:9988) stock is a Buy with a HK$106.00 price target. To see the full list of analyst forecasts on Alibaba Group Holding Ltd. stock, see the HK:9988 Stock Forecast page.
More about Alibaba Group Holding Ltd.
Alibaba Group Holding Limited is a multinational conglomerate in the e-commerce and technology industry, primarily offering online retail and wholesale services, cloud computing, digital media, and entertainment. The company is known for its significant presence in the Chinese market and its shares are listed on both the New York Stock Exchange and the Hong Kong Stock Exchange.
Average Trading Volume: 119,093,399
Technical Sentiment Signal: Buy
Current Market Cap: HK$2252.4B
For an in-depth examination of 9988 stock, go to TipRanks’ Stock Analysis page.
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