Alibaba Group Holding Limited (NYSE:BABA) is considering selling shares of Ant Group back to the fintech company, which has proposed a $6 billion share repurchase program. Alibaba, which holds a 33% stake in Ant, proposes to transfer any repurchased shares into the fintech company's employee incentive plan. Ant Group's valuation has declined by nearly 70% compared to its market capitalization during its IPO, which China scrapped in 2020. The company faces challenges in regaining its former valuation and operations despite the regulatory crackdown ending.