JD.com announced the repurchase and cancellation of 183.2 million shares, totaling $3 billion, under its share repurchase program.
Quiver AI Summary
JD.com, a major supply chain-based technology and service provider, announced on January 8, 2026, that it has completed a share repurchase and cancellation program in which it acquired approximately 183.2 million Class A ordinary shares, totaling around $3.0 billion, in 2025. This figure represents about 6.3% of the company's total ordinary shares outstanding as of December 31, 2024. All repurchased shares have been canceled as of this announcement. The repurchases were carried out through both the Nasdaq and the Hong Kong Stock Exchange as part of a larger share repurchase program of up to $5.0 billion, initiated in August 2024 and set to continue through August 2027. As of the end of 2025, JD.com had approximately $2.0 billion remaining in this repurchase program.
Potential Positives
- The company repurchased approximately 183.2 million Class A ordinary shares for a total of approximately US$3.0 billion, which demonstrates confidence in its own value and financial health.
- The share repurchase accounted for about 6.3% of the total ordinary shares outstanding, potentially enhancing shareholder value by reducing the number of shares in circulation.
- All repurchased shares have been cancelled, which can lead to an increase in earnings per share (EPS) for remaining shareholders.
- The remaining capacity of approximately US$2.0 billion in the share repurchase program signals that the company is committed to continuing shareholder returns over the next few years.
Potential Negatives
- The significant amount of share repurchases, totaling approximately US$3.0 billion, may indicate a lack of profitable investment opportunities, raising concerns about the company's growth prospects.
- Share cancellations reduce the number of shares outstanding, which could signal to investors that the company is relying on buybacks to support stock price instead of focusing on operational performance.
FAQ
What recent updates did JD.com announce regarding its share repurchase program?
JD.com announced the repurchase of approximately 183.2 million Class A shares, totaling around US$3.0 billion in 2025.
How many shares did JD.com cancel after the repurchase?
All 183.2 million Class A ordinary shares repurchased in 2025 have been cancelled as of the announcement date.
What is the value of JD.com's ongoing share repurchase program?
The current value remaining in JD.com's share repurchase program is approximately US$2.0 billion as of December 31, 2025.
When was JD.com's share repurchase program initiated?
JD.com's share repurchase program was adopted in August 2024 and is effective through August 2027.
What percentage of JD.com's total shares does the recent repurchase represent?
The repurchased shares amount to approximately 6.3% of the Company’s total ordinary shares outstanding as of December 31, 2024.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$JD Congressional Stock Trading
Members of Congress have traded $JD stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $JD stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 4 times. They made 2 purchases worth up to $30,000 on 10/30, 08/13 and 2 sales worth up to $30,000 on 10/31, 10/30.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$JD Hedge Fund Activity
We have seen 231 institutional investors add shares of $JD stock to their portfolio, and 237 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA ADVISORS GROUP, INC. added 4,427,800 shares (+inf%) to their portfolio in Q3 2025, for an estimated $154,884,444
- POINT72 ASSET MANAGEMENT, L.P. added 4,357,591 shares (+464.3%) to their portfolio in Q3 2025, for an estimated $152,428,533
- MARSHALL WACE, LLP removed 3,774,446 shares (-70.7%) from their portfolio in Q3 2025, for an estimated $132,030,121
- FMR LLC removed 3,265,890 shares (-57.7%) from their portfolio in Q3 2025, for an estimated $114,240,832
- MORGAN STANLEY added 3,227,760 shares (+58.1%) to their portfolio in Q3 2025, for an estimated $112,907,044
- IMC-CHICAGO, LLC added 3,227,057 shares (+1124.5%) to their portfolio in Q3 2025, for an estimated $112,882,453
- JANE STREET GROUP, LLC added 3,161,647 shares (+211.3%) to their portfolio in Q3 2025, for an estimated $110,594,412
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$JD Analyst Ratings
Wall Street analysts have issued reports on $JD in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Buy" rating on 11/14/2025
- Benchmark issued a "Buy" rating on 11/14/2025
- Citigroup issued a "Buy" rating on 08/11/2025
To track analyst ratings and price targets for $JD, check out Quiver Quantitative's $JD forecast page.
$JD Price Targets
Multiple analysts have issued price targets for $JD recently. We have seen 3 analysts offer price targets for $JD in the last 6 months, with a median target of $38.0.
Here are some recent targets:
- Alicia Yap from Citigroup set a target price of $37.0 on 01/02/2026
- Joyce Ju from B of A Securities set a target price of $38.0 on 11/14/2025
- Fawne Jiang from Benchmark set a target price of $38.0 on 11/14/2025
Full Release
BEIJING, Jan. 08, 2026 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the “Company” or “JD.com”), a leading supply chain-based technology and service provider, today announced updates of its share repurchase and cancellation.
The Company repurchased a total of approximately 183.2 million Class A ordinary shares (equivalent to 91.6 million American depositary shares, “ADSs”) for a total of approximately US$3.0 billion in 2025. The total number of these repurchased shares amounted to approximately 6.3% of the Company’s total ordinary shares outstanding as of December 31, 2024.
All of the 183.2 million Class A ordinary shares (equivalent to 91.6 million ADSs) repurchased in 2025 have been cancelled as of the date of this announcement.
These repurchases were made from both Nasdaq and the Hong Kong Stock Exchange pursuant to the Company’s share repurchase program of up to US$5.0 billion adopted in August 2024 and effective through August 2027. The remaining amount of the share repurchase program was approximately US$2.0 billion as of December 31, 2025.
About JD.com
JD.com is a leading supply chain-based technology and service provider. The Company’s cutting-edge retail infrastructure seeks to enable consumers to buy whatever they want, whenever and wherever they want it. The Company has opened its technology and infrastructure to partners, brands and other sectors, as part of its Retail as a Service offering to help drive productivity and innovation across a range of industries.
CONTACTS:
Investor Relations
Sean Zhang
+86 (10) 8912-6804
[email protected]
Media Relations
+86 (10) 8911-6155
[email protected]
