Business
Alibaba increases share buyback size to record high $25 billion
Alibaba has raised its share buyback programme to $25 billion. It is the largest ever repurchase plan by the e-commerce giant. The plan comes amid a tech stock rally in the past few days after Chinese Vice Premier Liu said Beijing will roll out more measures to boost the economy as well as favourable policy steps for capital markets.
Shares of the company have cratered more than 50% in the past year. It has hiked the buyback programme from $10 to $15 billion last August. “The upsized share buyback underscores our confidence in Alibaba’s long-term, sustainable growth potential and value creation,” says deputy chief financial officer.
Alibaba’s shares rose 4.5% in Hong Kong after the news, but fell in the United States. Growing competition from rivals, slowing consumption, and a maturing e-commerce market have also hit its performance.
For Detailed News: Hindustan Times
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Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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