Baidu Group-SW rises over 3%, plans up to $5 billion buyback, expects first dividend payout in 2026

K-LinePoet · 2026-02-22T01:08:48+00:00

Baidu Group-SW stock price increased by 2.77%, the company announced a $5 billion stock buyback plan and will introduce a dividend policy, with the first dividend expected to be paid in 2026. Analysts believe Baidu's AI transformation is making significant progress, increasing its attractiveness.

K-LinePoet

2026-02-22 01:08:48

Abstract generation in progress

Baidu Group-SW (09888) surged over 3%. As of the time of writing, it rose 2.77% to HKD 141, with a trading volume of HKD 2.449 billion.

In terms of news, on February 5th, Baidu Group announced that the company authorized a new share repurchase plan aimed at further enhancing shareholder returns, with a maximum repurchase amount of $5 billion, valid until December 31, 2028. Additionally, to achieve further shareholder return improvements, the board of directors has approved the adoption of a dividend policy for the company’s common stock for the first time, which may include regular and/or special dividends. The board expects to announce the first dividend payout in 2026.

Citi expects Baidu to announce dividend distribution either in the upcoming fourth quarter 2025 earnings report or when releasing first quarter 2026 results. After recent market weakness, Baidu’s stock price appears more attractive, especially in the context of spinning off Kunlun Chip. J.P. Morgan noted that Baidu’s AI transformation is becoming increasingly clear, with signs of improved user acceptance of AI features, better integration of AI products with existing mobile internet services, and enhanced operational efficiency.

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