16:32 - 6.02.2026

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February 6, Fineko/abc.az. Chinese Internet giant Baidu Inc. is planning to pay dividends for the first time in its history this year.

ABC.AZ reports that company's statement says that the announcement, timing and amount of future dividend payments will be determined by a decision of the board of directors, taking into account such factors as financial performance, capital requirements and market conditions.

In addition, Baidu announced a $5 bn buyback program. The program will be valid until December 31, 2028. Purchases will be carried out in stages on the open market. The previous buyback program in the same volume was launched in 2023 and lasted until the end of 2025.

As of September 2025, Baidu's cash and investments totaled 296.4 bn yuans (approx. $42.7 bn).

Following the trading at the Hong Kong Stock Exchange, Baidu shares rose 2.7% on Thursday. Company's market capitalization has grown by nearly 63% over the past 12 months and the Hang Seng Index by 27% over this period.