---
title: "Geely Automobile Holdings Ltd (GELYF) Board Approves HK$2.3 billion Buyback Program"
description: "Geely Automobile Holdings Ltd (GELYF) has announced a HK$2.3 billion buyback program approved by its board of directors. This initiative aims to repurchase up to 10% of its issued shares, highlighting"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262611433.md"
published_at: "2025-10-24T11:30:10.000Z"
---

# Geely Automobile Holdings Ltd (GELYF) Board Approves HK$2.3 billion Buyback Program

> Geely Automobile Holdings Ltd (GELYF) has announced a HK$2.3 billion buyback program approved by its board of directors. This initiative aims to repurchase up to 10% of its issued shares, highlighting the company's undervaluation in the Hong Kong stock market, as noted by analysts.

Geely Automobile Holdings Ltd (OTCMKTS:GELYF) is one of the most undervalued Hong Kong stocks to buy, according to analysts. On October 7, the company announced its board of directors had approved a HK$2.3 billion buyback program. Under the new buyback program, the company intends to repurchase up to 10% of its issued shares from the \[…\]

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.