Baidu, Inc. (BIDU-SWR; HKEX: 89888) disclosed that it bought back 589,050 Class A ordinary shares on 25 September 2026 via on-exchange transactions.
Key takeaways
1. Latest daily repurchase • Volume: 589,050 shares • Price range: HKD 84.35 – HKD 85.45 per share • Volume-weighted average price: HKD 84.88 • Aggregate consideration: HKD 49.99 million • Shares acquired represent 0.027 % of the 2.21 billion issued shares (excluding treasury shares) outstanding before the transaction.
2. Ongoing September buy-back activity • Including the 25 September purchase, Baidu has repurchased 8.41 million shares since 7 September 2026. • Cumulative repurchases equal 0.31 % of the company’s issued share capital as of the 26 August 2026 authorisation date. • All bought-back shares are intended for cancellation; none will be held as treasury stock.
3. Share capital position • Issued shares (excluding treasury shares) stood at 2.21 billion both before and after the 25 September transaction, as the cancellation process is pending. • Total repurchase mandate, approved on 26 August 2026, permits up to 273.36 million shares to be bought back, leaving capacity for roughly 264.94 million additional shares.
4. Regulatory and timing details • The company affirmed that the repurchase complied with Hong Kong Stock Exchange Main Board rules. • A 30-day moratorium applies to any new share issuance or sale/transfer of treasury shares until 25 October 2026.
The disclosed activity signals continued execution of Baidu’s authorised share repurchase programme without altering the reported share count as of 25 September 2026.
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