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Alibaba Health’s New RSU Grants Aim to Retain Talent

Alibaba Health’s New RSU Grants Aim to Retain Talent

Alibaba Health Information Technology (HK:0241) has released an update.

Alibaba Health Information Technology has granted 2,689,400 restricted share units (RSUs) to select employees under its 2024 Share Award Scheme. The RSUs, which are set to vest over a period of two to four years, come at no purchase cost and were issued at a closing share price of HK$3.620. This move is part of the company’s efforts to incentivize and retain talent, potentially impacting its stock performance in the coming years.

For further insights into HK:0241 stock, check out TipRanks’ Stock Analysis page.

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