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AIA New Business Value Surges 27%, Adds $2 Billion to Buyback

AIA New Business Value Surges 27%, Adds $2 Billion to Buyback
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Alibaba makes $4.8bn share repurchase

Alibaba Group has bought back shares worth $4.8 billion in the quarter ended March, the Chinese e-commerce giant said on Tuesday, in its second biggest-ever repurchase after beefing up its stock buyback plan in February, reports Reuters. The company had raised its share buyback plan by another $25 billion in a bid to appease investors… ....

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