$阿里巴巴(BABA)$ Alibaba (NYSE:BABA) disclosed terms of its buyback from SoftBank (OTCPK:SFTBY +1.5%), part of the latter company's $7.9B (at minimum) divestment of holdings in the Chinese retail conglomerate.
It's agreeing to buy just over 27M shares at $74/share, for an aggregate of $2B worth. Members of the Alibaba partnership are buying just over 5.405M shares at the same price, for an aggregate of $400M worth.