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JD Logistics Grants Over 9 Million Shares to Employees

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JD Logistics Grants Over 9 Million Shares to Employees

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The latest update is out from JD Logistics, Inc. ( (HK:2618) ).

JD Logistics, Inc. announced the grant of 9,361,882 Award Shares to its employees under the Post-IPO Share Award Scheme, representing about 0.14% of the total issued shares. This initiative is designed to incentivize employees, with shares vesting over various periods up to four years. The scheme includes a clawback mechanism to protect the company’s interests, ensuring that shares can be forfeited under specific circumstances such as employment termination or criminal convictions.

The most recent analyst rating on (HK:2618) stock is a Hold with a HK$9.40 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

More about JD Logistics, Inc.

JD Logistics, Inc. is a company incorporated in the Cayman Islands, operating within the logistics industry. It focuses on providing comprehensive supply chain solutions and logistics services, leveraging technology to enhance efficiency and customer satisfaction.

Average Trading Volume: 11,416,070

Technical Sentiment Signal: Buy

Current Market Cap: HK$86.96B

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

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