Baidu authorises $5 billion share buyback, expects to pay maiden dividend in 2026

Reuters
2026.02.05 00:21
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Baidu Inc has approved a $5 billion share buyback program through December 31, 2028, and plans to introduce its first dividend in 2026. This decision reflects a focus on shareholder returns amid slowing growth in its advertising business. The buyback may be adjusted based on market conditions, and future dividends will be determined by the board's discretion.