Alibaba Launches 2024 Restricted Share Unit Award Plan

Reuters
Dec 24
Alibaba Launches 2024 Restricted Share Unit Award Plan

Alibaba Group Holding Ltd. has announced the grant of awards under its 2024 Plan. The announcement, issued by company secretary Kevin Jinwei Zhang, states that the awards are being granted to eligible participants, including those providing services or consulting in areas such as legal, IT, finance, tax, e-commerce, technology, business operations, business development, logistics, data center, and strategic planning. Each ordinary share carries one vote, and American depositary shares representing eight ordinary shares are listed on the New York Stock Exchange under the symbol BABA.

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