ALBHF

Alibaba Health’s New RSU Grants Aim to Retain Talent

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

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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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