ESOPJun 1, 2026, 06:32 AM
Alibaba Grants 61.7M Shares to Employees Under 2024 Plan
AI Summary
Alibaba Group Holding Limited announced the grant of Awards involving 61,716,712 underlying Shares to certain employees on May 29, 2026, under its 2024 Equity Incentive Plan. These awards, representing approximately 0.32% of the total shares in issue, have mixed vesting schedules up to four years, with some subject to performance targets. The grants aim to attract and retain talent, provide incentives, and align employee interests with the Group and shareholders.
Key Highlights
- Alibaba granted Awards involving 61,716,712 underlying Shares to employees on May 29, 2026.
- The granted Awards represent approximately 0.32% of the total Shares in issue.
- The purchase price of the Awards granted was Nil.
- The closing price of Shares on the grant date was HK$120.90 per Share.
- Awards have mixed vesting schedules, with some vesting within 12 months and others up to 4 years.
- 337,752,620 Shares remain available for future grants under the 2024 Plan scheme mandate limit.
Price Impact
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