BIDU-SWR buys back 7.82 million Class A shares for HKD 0.70 billion; utilisation of repurchase mandate reaches 2.9%

Bulletin Express09-24

Baidu, Inc. (BIDU-SWR) has disclosed a new round of on-market share repurchases, filing a Next Day Disclosure Return with the Hong Kong Stock Exchange dated 24 September 2026. Key take-aways are as follows:

• Latest transaction: On 24 September 2026 the company bought back 576,400 Class A ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 86.10 and HKD 88.10, for an aggregate consideration of HKD 49.99 million. The volume-weighted average price for that day was HKD 86.73.

• September programme: Between 7 and 24 September, Baidu repurchased 14 tranches totalling 7.82 million shares, or 0.29 % of the company’s issued share capital as at the date the repurchase mandate was granted. Cumulative cash outflow for these trades totals roughly HKD 0.70 billion, based on the individual average prices disclosed for each day.

• Capital structure: As at 24 September 2026 the company’s issued share count remains unchanged at 2.21 billion shares because all 7.82 million repurchased shares are still pending cancellation.

• Repurchase capacity: The current mandate, approved on 26 August 2026, authorises Baidu to buy back up to 273.36 million shares. The September purchases utilise about 2.9 % of that limit, leaving substantial headroom for further activity.

• Moratorium: Under Hong Kong Listing Rules, Baidu is restricted from issuing new shares or transferring treasury shares until 24 October 2026 (30 days after the most recent repurchase).

All repurchases were executed in compliance with Hong Kong Listing Rules and relevant regulations, according to the company’s filing.

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(BIDU-SWR) has disclosed a new round of on-market share repurchases, filing a Next Day Disclosure Return with the Hong Kong Stock Exchange dated 24 September 2026. Key take-aways are as follows:</p>\n<p>• Latest transaction: On 24 September 2026 the company bought back 576,400 Class A ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 86.10 and HKD 88.10, for an aggregate consideration of HKD 49.99 million. The volume-weighted average price for that day was HKD 86.73.</p>\n<p>• September programme: Between 7 and 24 September, Baidu repurchased 14 tranches totalling 7.82 million shares, or 0.29 % of the company’s issued share capital as at the date the repurchase mandate was granted. 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(BIDU-SWR) has disclosed a new round of on-market share repurchases, filing a Next Day Disclosure Return with the Hong Kong Stock Exchange dated 24 September 2026. Key take-aways are as...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"89888":"百度集团-WR"},"translate_title":"BIDU-SWR以7.0亿港元回购782万股A类股；回购授权利用率达2.9%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89888":1},"content_text":"Baidu, Inc. (BIDU-SWR) has disclosed a new round of on-market share repurchases, filing a Next Day Disclosure Return with the Hong Kong Stock Exchange dated 24 September 2026. Key take-aways are as follows:\n• Latest transaction: On 24 September 2026 the company bought back 576,400 Class A ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 86.10 and HKD 88.10, for an aggregate consideration of HKD 49.99 million. 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