AUTOHOME-S (02518): Extension of share buyback plan

date
14/08/2025
avatar
GMT Eight
Autohome-S (02518) released an announcement on August 14, 2025 Beijing time, the company announced that its director...
AUTOHOME-S (02518) announced that on August 14, 2025, the board of directors has approved an extension of the share repurchase plan until December 31, 2025. As of August 8, 2025, the company has repurchased 5.426 million American depositary shares at a total cost of approximately $144 million. Depending on market conditions and in accordance with applicable rules and regulations, the company may conduct the proposed repurchases through open market transactions, private negotiations, block trades, and/or other legally permissible methods. The board of directors will regularly review and approve the extended share repurchase plan, and may approve adjustments to its terms and scope, or temporarily suspend or terminate the plan. The company plans to use existing funds for the repurchase.