Baidu Advances Hong Kong Share Buyback Program

Baidu reported in a Form 6-K filing on September 10, 2026 that it submitted a disclosure return to the Hong Kong Stock Exchange regarding its Class A ordinary shares. The filing showed that the company repurchased 541,200 shares on September 9, 2026 at prices ranging from HK$90.95 to HK$93.

That transaction brought total repurchases under its August 26, 2026 mandate to 1,640,350 shares, following earlier buybacks on September 7 and September 8, 2026. The repurchased shares are pending cancellation and represent a modest share of Baidu's more than 2.2 billion issued shares.

The company noted that all transactions were approved by its board and complied with Hong Kong Main Board rules. Under regulatory guidelines, a moratorium on issuing new shares or transferring treasury shares remains in effect until October 9, 2026.

Market data reported with the filing noted that the most recent analyst rating on the stock is a Hold with a $108.00 price target.