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Jack Ma-controlled Ant Group's share repurchase plan cuts valuation by 70%: Report

Ant said it had proposed to all of its shareholders to repurchase up to 7.6 per cent of its equity interest at a price that represents a group valuation of approximately $78.54 billion. ....

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Ant's share repurchase plan values firm at nearly $79 bln

Ant Group on Saturday
announced a share repurchase plan that values the fintech giant
at 567.1 billion yuan , as the management seeks
to replenish its staff incentive pool and let some investors
exit. ....

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Ant Group's share repurchase plan values firm at nearly $79 billion

Ant Group on Saturday announced a share repurchase plan as the management seeks to replenish its staff incentive pool and let some investors exit after regulators fined the firm. ....

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Ant's share repurchase plan values firm around $79 billion, down sharply before crackdown

SHANGHAI (Reuters) -Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as the management seeks to replenish its staff incentive pool and let some investors exit after a regulatory overhaul of the firm. It marked a sharp fall in the $300 billion-plus value ascribed to the company in mid-2020, before its IPO planned for later that year was pulled. Ant said it had proposed to all of its shareholders to repurchase up to 7.6% of its equity interest at a price that represents a group valuation of approximately 567.1 billion yuan. ....

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Ant's share repurchase plan values firm around $79 billion, down sharply before crackdown By Reuters

Ant's share repurchase plan values firm around $79 billion, down sharply before crackdown By Reuters
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