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Alibaba Group Holding ltd. BABA -4.35% boosted its share buyback program to $25 billion from $15 billion, in a bid to reassure investors about the company’s prospects after a year in which its stock has fallen by more than half. The potential buybacks are substantial compared with the Chinese e-commerce giant’s market value: As of […]
Companies are unveiling plans to repurchase their own shares at a record pace, lending support to the battered stock market. Firms in the S&P 500 have outlined buyback plans valued at $238 billion through the first two months of 2022, according to data from Goldman Sachs Group Inc. GS 1.29% a high for this point […]
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