Alibaba share count rises to 19.88B after August placement
In August, Alibaba increased its issued ordinary shares by 710 million to 19,884,988,918, with the new shares issued under a general mandate following a placing agreement signed Aug. 23 and finalized Aug. 26. Authorized share capital stayed at USD 100,000, and the company reported no treasury shares. It also disclosed outstanding convertible senior notes and that it met the 25% public float requirement.