Baidu details HK$49.9M Hong Kong share buyback
Baidu details Hong Kong market buybacks of Class A shares under its August 2026 repurchase mandate, with issued share count unchanged as repurchased shares await cancellation.
Rhea-AI Filing Summary
Baidu, Inc. (BIDU) reports ongoing Class A ordinary share repurchases on the Hong Kong Stock Exchange and files a Next Day Disclosure Return for September 18, 2026. The opening and closing number of issued shares remained at 2,209,541,178 as of September 17 and 18, 2026; shares bought back for cancellation have not yet been cancelled.
Between September 7 and 18, 2026 Baidu repurchased multiple small blocks of WVR Class A ordinary shares for cancellation, including 561,000 shares on September 18, 2026 at prices between HKD 87.55 and HKD 90.00, for an aggregate of HKD 49,901,511. Under a repurchase mandate approved on August 26, 2026, Baidu is authorised to repurchase up to 273,356,149 shares, of which 5,572,900 shares (0.204%) had been repurchased on the Exchange or another stock exchange up to October 18, 2026.
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Key Terms
Next Day Disclosure Return regulatory
repurchase mandate regulatory
FAQ
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What does Baidu (BIDU) report in this September 2026 Form 6-K?
What repurchase authority does Baidu (BIDU) have under its mandate?
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