On 8 September 2026, Baidu, Inc. (BIDU-SWR) reported to the Hong Kong Stock Exchange that it repurchased 554,150 Class A ordinary shares on-market, spending a total of approximately HKD 50.00 million. The shares were bought within a price range of HKD 89.05 to HKD 92.35, implying a volume-weighted average cost of HKD 90.23 per share.
The repurchased stock represents 0.025 % of Baidu’s 2.21 billion issued shares (excluding treasury shares) as of the previous trading day. The company intends to cancel all of these shares; cancellation has not yet taken effect, so the issued share count remains unchanged at 2.21 billion.
Including a prior buyback of 545,000 shares on 7 September 2026, Baidu has repurchased a total of 1,099,150 shares under the current mandate granted on 26 August 2026. This cumulative amount equals 0.04 % of the shares outstanding at the time the mandate was approved, leaving 272.26 million shares still available for future repurchase.
Under Hong Kong Listing Rule 10.06(3)(a), Baidu is subject to a 30-day moratorium—through 8 October 2026—on issuing new shares or transferring treasury shares following the latest buyback. The company confirmed that all repurchases were executed in accordance with applicable listing rules and regulatory requirements.
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