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JD.com | SC 13G: Statement of acquisition of beneficial ownership by individuals-BlackRock, Inc.(5.4%)

SEC announcement ·  Feb 3 03:21
Summary by Futu AI
BlackRock, Inc., a global investment management corporation based in Delaware, has filed a Schedule 13G with the Securities and Exchange Commission on February 2, 2024, indicating a significant ownership stake in JD.com, Inc. As of December 31, 2023, BlackRock owns 149,722,539 shares of JD.com's common stock, which represents 5.4% of the company's class of securities. This filing is required under the Securities Exchange Act of 1934 when a party acquires more than 5% of a company's outstanding common stock. The filing indicates that BlackRock has sole voting power over 132,460,583 shares and sole dispositive power over all the shares it owns. The report also lists various subsidiaries of BlackRock that hold the securities, including BlackRock Life Limited, BlackRock Advisors, LLC, and others. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of JD.com.
BlackRock, Inc., a global investment management corporation based in Delaware, has filed a Schedule 13G with the Securities and Exchange Commission on February 2, 2024, indicating a significant ownership stake in JD.com, Inc. As of December 31, 2023, BlackRock owns 149,722,539 shares of JD.com's common stock, which represents 5.4% of the company's class of securities. This filing is required under the Securities Exchange Act of 1934 when a party acquires more than 5% of a company's outstanding common stock. The filing indicates that BlackRock has sole voting power over 132,460,583 shares and sole dispositive power over all the shares it owns. The report also lists various subsidiaries of BlackRock that hold the securities, including BlackRock Life Limited, BlackRock Advisors, LLC, and others. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of JD.com.
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