Altaba has launched a tender offer for about 24% of its shares, using Alibaba stock as currency, as it tries to reduce the gap between its share price and net asset value.

Topics:  alibaba   altaba   shares   
BING NEWS:
  • Alibaba Health Shares Rise on Earnings Beat
    By Tracy Qu Alibaba Health Information Technology shares rose after the healthcare company posted better-than-expected earnings as improved ...
    05/27/2024 - 5:42 pm | View Link
  • Alibaba Stock (NYSE:BABA): Exploring the Value in Its Diverse Segments
    Chinese e-commerce behemoth Alibaba (NYSE:BABA) demonstrated robust momentum following its Q1-2024 results. It reached the $90 level that hadn’t ...
    05/24/2024 - 6:26 am | View Link
  • BRIEF-SDAI Says Yap Koon Loong Appointed As CEO
    May 24 (Reuters) - SDAI Ltd: * YAP KOON LOONG APPOINTED AS CEO Further company coverage: ...
    05/24/2024 - 12:06 am | View Link
  • Alibaba to Raise $4.5 Billion Through Convertible Bonds to Fund Buybacks
    The Chinese company plans to raise $4.5 billion through a convertible-bond issue to fund share repurchases, following a similar move by rival e-commerce giant JD.com.
    05/23/2024 - 4:18 pm | View Link
  • Alibaba Shares Plunge Amid $4.5 Billion Convertible Bond Sale
    Alibaba's Hong Kong-listed shares took a sharp 5% hit on Thursday following a report that the Chinese tech giant is preparing to raise $5 billion through a convertible bond sale. This potential ...
    05/23/2024 - 9:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News