China's JD.com announces $5 billion share buyback plan – Yahoo Finance
(Reuters) – Chinese e-commerce giant JD.com said on Tuesday its board of directors has approved a $5 billion share buyback program that will start in September and allow the company to buy back its own shares over the next 36 months. The company's U.S.-listed shares rose 5.1% in premarket trading. JD.com, which last week beat […]
JD Earnings: JD.com Soars 11% on Q4 Momentum, $3B Buyback – TipRanks.com – TipRanks
JD.com (NASDAQ:JD) (Hong Kong:9618Shares soared nearly 11% in early trading today after the Chinese tech giant announced strong fourth-quarter numbers and a $3 billion stock buyback program. Revenue for the quarter was $43.1 billion, an increase of 3.6% from the same period last year. This figure was about $1.5 billion higher than expected. Similarly, earnings […]