Alibaba (BABA) has released an update.
Alibaba Group Holding Limited announces its upcoming annual general meeting (AGM) to be held virtually on August 22, 2024, inviting shareholders to participate and vote on key proposals, including amendments to the company’s Memorandum and Articles of Association, share issuance and repurchase mandates, the adoption of a 2024 Equity Incentive Plan, and the election of directors. The company emphasizes the unique structure of its voting rights, with the Alibaba Partnership having weighted voting rights, and advises investors of the associated risks. Shareholders can access meeting materials and submit their votes or proxy forms through the company’s website.
For further insights into BABA stock, check out TipRanks’ Stock Analysis page.
