Alibaba Files With Regulator to Offer 65.9 Million Shares
Chinese e-commerce giant Alibaba Group Holding Limited will offer up to about 65.9 million shares worth about $5.06 billion under stock-based compensation plans, the company said in a regulatory filing on Friday.
Alibaba went public on September 19 in an initial public offering (IPO) that raised about $25 billion, making it the largest IPO in history.
Copyright @ Thomson Reuters 2014
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