Autohome Inc. has approved a new share repurchase program authorizing up to US$400 million in buybacks of its American depositary shares over the next 12 months, effective July 28, 2026. The company may conduct repurchases through open market transactions, privately negotiated deals, block trades, or other legally permissible means, depending on market conditions. Chief Financial Officer Craig Zeng said the move reinforces the company's commitment to shareholder returns and represents another step in its longer-term investor return strategy. The board will periodically review the program and may adjust its terms, size, or suspend or discontinue it. Autohome plans to fund the repurchases from its existing cash balance.
Autohome IncAutohome announces a new $400 million share repurchase program, signaling commitment to shareholder returns and likely supporting stock price.