Goldman Sachs Group Inc. will distribute 2 million shares to its junior employees, seeking to keep talent from fleeing the fifth-largest U.S. investment bank for jobs at dot-com companies.

Goldman will allot the shares - worth about $200 million at current prices - to 8,000 analysts and associates based on a percentage of last year's pay. A spokesman declined to reveal the percentage, which will be the same for each employee.

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