Summary by Moomoo AI
JD.com (stock code: 9618) announced on August 27, 2024, that its board of directors has approved a new share repurchase plan, effective from September 2024 for a period of 36 months, with a total repurchase amount reaching 5 billion US dollars. The repurchase plan will be implemented based on market conditions and applicable rules and regulations, and may be carried out through public markets, private negotiations, block trades, or other legal methods. The board of directors will regularly review the plan and reserves the right to adjust its terms and scale. In addition, JD.com reminds shareholders and potential investors to be aware of the risks of investing in companies with different voting rights structures, highlighting the voting rights differences between its Class A ordinary shares and Class B ordinary shares. JD.com's American depositary shares are listed on the Nasdaq Global Select Market under the code JD.
