bullish
JD.com (JD US / 9618 HK): Announced 2.8% Share Buyback In 1Q24 + My 1Q24 Preview
622 Views21 Apr 2024 14:46
JD.com repurchased 2.8% of its shares in 1Q24, aiming to boost shareholder returns with potential government stimulus for home appliances as a positive catalyst.
What is covered in the Full Insight:
- Share Buyback Announcement
- Improved Shareholder Returns
- 1Q24 Preview and Expectations
- Potential Catalysts for Performance
- Trading Statistics and Projections
Boomeranged on Thu, 2 May 2024 14:35
JD.com will report 1Q24 results on May 16. Take advantage of the improving Hong Kong stock market sentiment, which should most immediately benefit cheap large caps like JD.com.
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Steve Zhou, CFA
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