Baidu, Inc. filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 18 September 2026, detailing its latest capital movements under the current share-repurchase mandate.
The company’s issued share capital remained unchanged at 2.21 billion Class A ordinary shares as of 18 September 2026, with no treasury shares on its balance sheet.
Share buyback programme: • Between 7 and 18 September 2026 Baidu repurchased 5.57 million shares for cancellation, equal to 0.20% of the total shares outstanding on the 26 August 2026 authorisation date. • The ten daily repurchases were executed on the Hong Kong Stock Exchange at volume-weighted average prices ranging from HK$86.91 to HK$92.38 per share. • The latest tranche on 18 September involved 561,000 shares bought at prices between HK$87.55 and HK$90.00, for a total consideration of HK$49.90 million and an average price of HK$88.95.
Mandate capacity: • The repurchase mandate approved on 26 August 2026 allows Baidu to buy back up to 273.36 million shares. The 5.57 million shares acquired to date represent 0.20% of that base, leaving more than 267 million shares—over 12% of current issued capital—still available for potential repurchase.
Regulatory status: • Baidu affirmed that all repurchases complied with Hong Kong Main Board Listing Rules and other applicable regulations. • A 30-day moratorium on issuing new shares or disposing of treasury shares runs through 18 October 2026 following the latest buyback.
No new shares were issued during the period, and all repurchased shares are pending formal cancellation, implying no immediate dilution or change to the current share count.
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