Baidu Continues Share Buyback, Repurchases 575,300 Class A Shares on 17 September

Bulletin Express09-17

Baidu, Inc. disclosed in its Next Day Disclosure Return that it repurchased 575,300 Class A ordinary shares on 17 September 2026 via on-market transactions on the Hong Kong Stock Exchange. The shares were bought at prices ranging between HKD 86.00 and HKD 87.40, for a total consideration of HKD 49.99 million, equating to an average cost of about HKD 86.91 per share.

The latest transaction lifts the cumulative buybacks executed between 7–17 September to 5.01 million shares, or 0.18 % of Baidu’s issued share capital (excluding treasury shares). These repurchases utilise roughly 1.83 % of the 273.36 million-share mandate approved by shareholders on 26 August 2026.

Despite the buyback activity, Baidu’s issued share capital remained unchanged at 2.21 billion Class A ordinary shares as of 17 September 2026 because the repurchased shares had not yet been cancelled. Under Hong Kong listing rules, Baidu is subject to a 30-day moratorium, ending 17 October 2026, during which it may not issue new shares or dispose of any treasury shares without prior Exchange approval.

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