Jennifer, 51, and A-Rod, 45, have vowed to continue to support one another, as they thanked their friends and fans for their messages of support.
In a joint statement, the couple who got engaged in 2019 announced they are better off as friends.
The statement, shared with today, read: “We have realized we are better as friends and look forward to remaining so.
“We will continue to work together and support each other on our shared businesses and projects. We wish the best for each other and one another’s children.
“Out of respect for them, the only other comment we have to say is thank you to everyone who has sent kind words and support.”
“All the reports are inaccurate. We are working through some things,” they said.
Later, fans noticed Jennifer had posted a selfie from the set of her new film, Shotgun Wedding, with her engagement ring missing from her left hand.
Jennifer Lopez and Alex originally planned to wed last year, but the pandemic repeatedly put their nuptials on hold, pushing the date forward.
The Jenny From The Block songstress has been married three times – her first wedding was to Cuban actor Ojani Noa, with the couple calling things off after one year.
In 2001, she wed actor and choreographer Cris Judd, who fell for the starlet when he was hired to direct the music video for her song Love Don’t Cost A Thing.
Jennifer’s longest, and most high-profile marriage was to salsa artist and Grammy-winner Marc Anthony, welcoming twins Emme Maribel Muñiz and Maximilian David Muñiz in 2008.
They separated in 2011, but their divorce wasn’t finalised for another three years, with Jennifer retaining primary custody of their children.
Alex is also a dad to two daughters – Natasha, 16, and Ella, 12 – with his ex-wife Cynthia Scurtis.