Autohome extends share repurchase program

Autohome (ATHM) announced that its board of directors has approved an extension of the term of a share repurchase program through December 31. The share repurchase program was originally authorized by the board in September 2024, under which the company may repurchase up to $200M of its American depositary shares over the twelve months following September 4, 2024, the announcement date of such program. As of August 8, the company had repurchased 5,422,647 ADSs for a total cost of approximately $144M.