AUTOHOME-S (02518): Extends Share Buyback Program

Stock News
2025/08/14

AUTOHOME-S (02518) announced that on August 14, 2025 Beijing time, the company's board of directors has approved extending the share buyback program deadline to December 31, 2025. As of August 8, 2025, the company has repurchased 5.4226 million American Depositary Shares at a total cost of approximately $144 million. Subject to market conditions and in accordance with applicable rules and regulations, the company's proposed repurchases under the extended share buyback program may be conducted from time to time at prevailing market prices through open market transactions, privately negotiated transactions, block trades and/or other legally permitted methods. The board of directors will regularly review the approved extended share buyback program and may approve adjustments to its terms and scale, or suspend or terminate the program. The company plans to utilize existing funds for the repurchases.

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