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WeRide Details March Share Buybacks and New 2026 Equity Plan in Latest HKEX Return

Story Highlights
  • In an April 9, 2026 filing, WeRide reported March 2026 repurchases of 20.3 million Class A shares into treasury, trimming its issued Class A float to about 952 million while keeping total authorised capital unchanged at US$50,000.
  • The company confirmed it still meets Hong Kong’s 15% minimum public float for its listed Class A shares and introduced a 2026 Share Plan authorizing over 205 million shares for future options and awards, replacing new grants under the older 2018 plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WeRide Details March Share Buybacks and New 2026 Equity Plan in Latest HKEX Return

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WeRide ( (WRD) ) has issued an update.

On April 9, 2026, WeRide filed a Form 6-K in the United States and submitted a monthly return to the Hong Kong Stock Exchange detailing movements in its share capital for March 2026. The company reported no change in total authorised share capital of US$50,000, but disclosed that 20,263,039 Class A ordinary shares were repurchased during March and held as treasury shares, reducing the number of issued Class A shares in public hands to 952,245,002.

The filing shows that these repurchases were executed between March 24 and March 31, 2026 in both Hong Kong dollars and U.S. dollars under a buyback mandate approved on March 13, 2026. WeRide confirmed it remained in compliance with the 15% minimum public float requirement for its listed Class A shares, and also highlighted the establishment of a new 2026 Share Plan, which authorizes up to 102,732,246 shares each for future option and award grants, while ceasing new grants under its 2018 Share Plan after its Hong Kong listing in November 2025.

The most recent analyst rating on (WRD) stock is a Buy with a $11.40 price target. To see the full list of analyst forecasts on WeRide stock, see the WRD Stock Forecast page.

Spark’s Take on WRD Stock

According to Spark, TipRanks’ AI Analyst, WRD is a Neutral.

WeRide Inc.’s overall stock score is primarily impacted by its poor financial performance, with persistent losses and negative cash flows. While the earnings call provided some positive insights into revenue growth and global expansion, the company’s valuation remains unattractive due to its unprofitability. Technical analysis suggests caution, with mixed signals and potential bearish momentum.

To see Spark’s full report on WRD stock, click here.

More about WeRide

WeRide Inc. is a foreign private issuer listed in both the United States and on the Main Board of the Hong Kong Stock Exchange, where its Class A weighted voting right (WVR) ordinary shares trade under stock code 00800. The Guangzhou-based company reports regularly on its share capital structure and securities movements to meet U.S. and Hong Kong regulatory requirements.

Average Trading Volume: 4,816,508

Technical Sentiment Signal: Sell

Current Market Cap: $2.81B

See more insights into WRD stock on TipRanks’ Stock Analysis page.

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