Alibaba Grants New Employee Share Awards Under 2024 Equity Plan

Alibaba Group Holding Ltd. ( (HK:9988) ) has issued an announcement.

Alibaba Group Holding Ltd. has granted share-based awards involving 2,277,600 underlying shares, equivalent to about 0.01% of its issued share capital (excluding treasury shares), to certain employees under its 2024 equity incentive plan. The awards, granted on 23 December 2025 at no purchase price and with a reference closing share price of HK$147.20, feature mixed vesting schedules of up to four years, do not include performance targets, and are subject to a robust clawback mechanism covering misconduct and breaches of covenants; the company confirmed that no directors, chief executives, substantial shareholders, related entity participants or service providers are among the grantees, that individual limits under Hong Kong listing rules are not breached, and that ample capacity remains under the 2024 plan with over 403 million shares available for future grants, underscoring Alibaba’s continued use of equity incentives to retain and motivate staff without materially diluting existing shareholders.

The most recent analyst rating on (HK:9988) stock is a Buy with a HK$164.00 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 China-based technology conglomerate primarily engaged in e-commerce, cloud computing, digital media, and logistics, serving consumers and businesses globally through online marketplaces and related digital services. Its shares are listed in Hong Kong with a weighted voting rights structure and its American depositary shares trade on the New York Stock Exchange under the symbol BABA.

Average Trading Volume: 99,583,833

Technical Sentiment Signal: Buy

Current Market Cap: HK$2794.6B

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