公司董事会将定期审查该股票回购计划，并可授权调整其条款和规模，或暂停或终止该计划。汽车之家计划利用手中的现金资助此次股票回购。Autohome (NYSE: ATHM) announced today that the company's board of directors has approved a new share buyback plan, which will take effect on September 4, 2024.
Under this new share buyback plan, Autohome will be able to repurchase up to $0.2 billion worth of stocks, including its American Depositary Shares (ADS), within the next 12 months.
Autohome will repurchase stocks on the open market, through private negotiations, block trades, and/or other legally permissible means, at prevailing market prices.
The company's board of directors will regularly review the share buyback plan and may authorize adjustments to its terms and scale, or suspend or terminate the plan. Autohome plans to fund this share buyback using its available cash.
