Baidu (BIDU) Stock Jumps as Tech Giant Launches First Dividend and $5 Billion Buyback

TLDR Baidu unveils first-ever dividend policy and $5 billion share buyback program extending to December 2028 Shares rose over 5% in after-hours trading on the news, with Hong Kong shares also climbing Company leverages $42.7 billion cash position to fund new shareholder return program Stock had fallen 14% over five sessions despite 55% gain over [...]

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