“Alibaba has decided that it will not sell any shares to Ant under the proposed share repurchase, so as to maintain its shareholding,” the company said in a stock exchange filing.
‘Important strategic partner’: Alibaba holds on to its Ant Group stake, declining to partake in fintech giant’s shares buy-back
![‘Important strategic partner’: Alibaba holds on to its Ant Group stake, declining to partake in fintech giant’s shares buy-back](https://www.successstories.news/wp-content/uploads/2023/07/154a44b1-b36e-4fc2-9bcb-e775b9539129_a8d51943-RX733t.jpeg)