Li Auto Announces First Share Buyback to Boost Confidence
理想汽车启动首次回购提振市场信心
Li Auto has launched its first-ever $1 billion share buyback program since its 2020 US listing, aiming to support its declining stock price. The move follows a 34% drop in its ADRs over the past year and weak market performance. The plan, running through March 2027, will be funded by existing cash reserves. The company reported a 19% decline in 2025 vehicle deliveries, missing targets amid rising competition. CEO Xiang Li said the buyback shows confidence in future growth. However, recent sales data and executive departures highlight ongoing challenges.
理想汽车宣布首次10亿美元股票回购计划，以支撑下跌的股价。过去一年其股价下跌约34%，表现疲弱。该计划将持续至2027年3月，资金来自现有现金储备。公司2025年交付量下降19%，未达目标并面临激烈竞争。CEO李想表示此举体现对未来发展的信心，但销售放缓及高管离职仍带来挑战。
