JD Logistics Grants 21 Million Share Awards to Employees

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JD Logistics Grants 21 Million Share Awards to Employees

JD Logistics, Inc. ( (HK:2618) ) just unveiled an update.

JD Logistics, Inc. announced the grant of 21,463,600 share awards to its employees under the Post-IPO Share Award Scheme, representing approximately 0.32% of the total issued shares. The initiative aims to align employee interests with the company’s long-term growth and profitability, with a vesting period ranging from 0.25 to 4 years. This move is expected to enhance employee retention and motivation, contributing to the company’s strategic objectives.

More about JD Logistics, Inc.

JD Logistics, Inc. operates in the logistics industry, providing supply chain solutions and services. The company focuses on leveraging technology to enhance logistics efficiency and is a subsidiary of JD.com, a leading e-commerce company in China.

YTD Price Performance: -1.88%

Average Trading Volume: 13,545,891

Technical Sentiment Signal: Sell

Current Market Cap: HK$85.44B

For an in-depth examination of 2618 stock, go to TipRanks’ Stock Analysis page.

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