Baidu (BIDU) “announced that its Board of Directors (the “Board”) has approved a new $5 billion share repurchase program and a dividend policy, with the objective of further enhancing shareholder returns. The Board has authorized a new share repurchase program for up to US$5 billion of the Company’s shares, effective through December 31, 2028. The Board will periodically review the repurchase program and may adjust its terms and size as appropriate.”
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