Autohome (ATHM) said its Board of Directors authorized a new share repurchase program under which the company may repurchase up to $200 million of its American depositary shares over the next eighteen months. The proposed repurchases may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means.
The Board will review the authorized share repurchase program periodically, and may authorize adjustment of its terms and size or suspend or discontinue the program. The company plans to fund repurchases from its existing cash balance.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.