- JD.com Inc JD upsized its share buyback limit from $2 billion to $3 billion.
- JD.com also extended the time frame for the buyback to March 17, 2024.
- Related Content: Read How Analysts Responded To Tencent's Divestment Of Stake In JD.com
- JD.com generated $2.2 billion in operating cash flow and held $30.5 billion in cash and equivalents during the quarter ended September 30.
- JD.com is a supply chain-based technology and service provider.
- Price Action: JD shares traded lower by 0.23% at $65.72 in the premarket session on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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