Summary by Futu AI
JD.com announced on August 21, 2024, that it has completed the $3 billion share buyback plan approved earlier in March 2024. The company spent around $0.39 billion on repurchasing stocks that day and announced that the repurchase limit has been fully utilized. JD.com's share capital structure includes Class A and Class B common stocks, where each Class A shareholder has one vote per share, and each Class B shareholder has 20 votes per share. In addition, JD.com's American depositary shares are listed on the Nasdaq Global Select Market in the USA under the ticker symbol JD. Shareholders and potential investors should be aware of the risks associated with investing in companies with different voting rights structures. The announcement was made on behalf of the company by the Chairman of the Board of Directors, Mr. Liu Qiangdong.