Alibaba says March 18 lockup expiry will free up 437 million shares

Alibaba Group Holding Ltd`s 180-day post-IPO lockup expires March 18, allowing about 437 million shares or roughly 18 percent of the company to be sold publicly.

San Francisco: Alibaba Group Holding Ltd`s 180-day post-IPO lockup expires March 18, allowing about 437 million shares or roughly 18 percent of the company to be sold publicly.

The Chinese company said on Tuesday that of that total, about 100 million shares will remain subject to trading restrictions that apply to employees, until after the company announces quarterly results in May.

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