JD.com’s American depositary receipts have plunged 52.3% in the past year, closing at $19.75 on Monday. The buyback program is worth about 3.5% of the company’s market capitalization, and the company said it would be completed over the next 12 months. https://stockmarketnews.today/2018/12/26/chinese-e-commerce-giant-jd-com-announced-a-1-billion-share-buyback-program/
Submitted December 26, 2018 at 12:08PM by AALERa http://bit.ly/2LASwAT
