Baidu Unveils US$5 Billion Share Buyback and First-Ever Dividend Policy

Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialAn update from Baidu, Inc. Class A ( (HK:9888) ) is now available. Baidu’s board of directors has approved a new US$5 billion share repurchase program running through the end of 2028, signaling confidence in the company’s financial strength and a continued focus on enhancing shareholder value. The program will be executed on a regular basis, mainly via open-market transactions subject to market conditions and regulatory requirements, and may be adjusted in size and terms over time. In a significant shift in its capital return strategy, Baidu has also adopted its first-ever dividend policy for ordinary shares, enabling both regular and special dividends funded primarily from operating profits and potentially supplemented by proceeds from non-core asset disposals and other investment returns. The board expects to declare the first dividend payment in 2026, with the timing and amount to be determined based on financial performance, capital needs, and market conditions, underscoring a new commitment to balancing shareholder distributions with the company’s longer-term strategic growth priorities. The most recent analyst rating on (HK:9888) stock is a Buy with a HK$206.00 price target. To see the full list of analyst forecasts on Baidu, Inc. Class A stock, see the HK:9888 Stock Forecast page. More about Baidu, Inc. Class A Baidu, Inc. is a leading Chinese technology company incorporated in the Cayman Islands, best known for its internet search services and broader artificial intelligence and cloud-based offerings. Its share capital features a weighted voting rights structure with Class A and Class B ordinary shares, and its American depositary shares are listed on Nasdaq under the symbol BIDU, while its Class A shares trade in Hong Kong under dual currency stock codes. Average Trading Volume: 14,496,625 Technical Sentiment Signal: Buy Current Market Cap: HK$403.4B