JD's Three Major Listed Subsidiaries Plan to Repurchase Company Shares, with a Total Limit of $2.4 Billion USD

JD.com, a conglomerate with three listed companies, announced their share buyback plans on May 12, with a combined upper limit of $2.4 billion, equivalent to approximately 18.7 billion yuan. Among these, JD Logistics plans to buy back up to $1.2 billion worth of shares over a period of 48 months, which is the largest amount among the three companies.

JD Health's buyback cap stands at $1 billion, also for a duration of 48 months; JD Industrial plans to repurchase up to $200 million worth of shares over 24 months. All three plans will be conducted in the open market and must be executed in accordance with the share repurchase authorization granted by the shareholders' meeting.