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The latest announcement is out from Alibaba Group Holding Ltd. ( (HK:9988) ).
Alibaba Group Holding Ltd. announced the grant of awards under its 2024 Plan, involving 6,115,830 underlying shares, representing approximately 0.03% of the total shares in issue. These awards, granted to certain employees, have a mixed vesting schedule of up to five years and are not subject to shareholder approval. The grant does not exceed the 1% individual limit under Hong Kong Listing Rules and includes a clawback mechanism to ensure compliance and accountability.
The most recent analyst rating on (HK:9988) stock is a Buy with a HK$231.00 price target. To see the full list of analyst forecasts on Alibaba Group Holding Ltd. stock, see the HK:9988 Stock Forecast page.
More about Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. is a multinational conglomerate specializing in e-commerce, retail, internet, and technology. It operates various businesses worldwide, including online marketplaces, cloud computing, and digital media, with a significant presence in both the Chinese and international markets.
Average Trading Volume: 123,189,886
Technical Sentiment Signal: Buy
Current Market Cap: HK$2891.9B
See more insights into 9988 stock on TipRanks’ Stock Analysis page.