Alibaba (HKG:9988) granted awards involving 53,429,597 underlying shares to certain employees under a 2024 equity incentive plan, a Monday Hong Kong bourse filing said.
The grant of awards to some employees is subject to the grantee meeting certain performance targets.
The e-commerce giant now has a maximum of 420,130,868 shares available for future grants under the 2024 plan.
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