Baidu repurchases HKD 50M in shares on Sept. 11
Baidu details Hong Kong share repurchases under its August 2026 mandate, including 560,200 Class A shares bought on September 11, 2026 for cancellation.
Rhea-AI Filing Summary
Baidu, Inc. (BIDU) reports to shareholders that it has filed a Hong Kong Stock Exchange Next Day Disclosure Return detailing recent share repurchases of its Class A ordinary shares. On September 11, 2026, Baidu repurchased 560,200 Class A shares on the Exchange for cancellation at prices between HKD 88.65 and HKD 90.00, for an aggregate consideration of HKD 49,992,360.04.
The opening and closing balance of issued shares (excluding treasury shares) remained at 2,209,541,178 as of September 10–11, 2026, because the repurchased shares had not yet been cancelled. Under its repurchase mandate dated August 26, 2026, Baidu is authorised to repurchase up to 273,356,149 shares and had repurchased 2,757,750 shares in total, representing 0.101% of issued shares as at the mandate date. A moratorium on issuing or selling shares applies up to October 11, 2026 following these repurchases.
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repurchase mandate financial
Multi-counter stock code market
Next Day Disclosure Return regulatory
moratorium period regulatory
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