JD Logistics Grants New Shares to Employees

JD Logistics, Inc. (HK:2618) has released an update.

JD Logistics, Inc. has announced the grant of 17,241,763 new shares to employees under its Post-IPO Share Award Scheme, which accounts for about 0.26% of total issued shares as of the grant date. The shares, granted on October 1, 2024, will vest over periods ranging from half a year to four years, with no performance targets set for the recipients. Additionally, the company has outlined specific clawback provisions for the awarded shares in cases of employee misconduct or damage to the company’s interests or reputation.

For further insights into HK:2618 stock, check out TipRanks’ Stock Analysis page.