Alibaba Group Announces New 2024 Compensation Plan with Restricted Share Units Awards
Reuters
Sep 05
Alibaba Group Announces New 2024 Compensation Plan with Restricted Share Units Awards
Alibaba Group Holding Ltd. has announced the grant of awards under its 2024 Plan. This development was made public in an official announcement issued in Hong Kong on September 5, 2025. The company's board of directors, led by Chairman Joseph C. Tsai, includes notable figures such as Eddie Yongming Wu, J. Michael Evans, and Maggie Wei Wu. The company emphasizes the significance of its weighted voting rights structure, which may carry potential risks for shareholders and investors. Alibaba's shares are listed on the New York Stock Exchange under the symbol BABA.
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