JD.com announces new 5.0 bln usd share buyback
Will begin in Sept and run to Aug 2027 (Il Sole 24 Ore Radiocor) - Beijing, 27 Aug - Chinese e-commerce retailer JD.com said its board approved a new 5.0 billion US dollar share repurchase program starting in September 2024 for the next 36 months through the end of August 2027.
The company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.
The board will review the share repurchase program periodically, and may authorize adjustment of its terms and size.
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(RADIOCOR) 27-08-24 12:29:17 (0273) 5 NNNN