Alibaba Pictures Group Limited (HK:1060) has released an update.
Alibaba Pictures Group Limited has rewarded 15 selected employees with a total of 11,420,000 shares at no cost, as part of its Share Award Scheme on September 24, 2024. These shares will vest over a period of more than 12 months, with the vesting schedule tailored to each recipient’s employment or promotion date. This strategic move aims to incentivize employees and align with standard market practices.
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