WeRide Inc. Announces US$100 Million Share Repurchase Program
WeRide Inc. (Nasdaq: WRD) has announced a significant share repurchase program of up to US$100 million of its Class A ordinary shares, to be executed over the next 12 months. The program, authorized by the company's board of directors, allows for repurchases through various means including open market transactions, private negotiations, and block trades.
CFO Jennifer Li emphasized that this initiative reflects the company's confidence in its business fundamentals, financial health, and long-term outlook. The repurchases will be funded from WeRide's existing cash balance, with the board maintaining flexibility to modify, suspend, or terminate the program based on market conditions.
WeRide Inc. (Nasdaq: WRD) ha annunciato un importante programma di riacquisto di azioni fino a 100 milioni di dollari USA delle sue azioni ordinarie di Classe A, da realizzare nei prossimi 12 mesi. Il programma, autorizzato dal consiglio di amministrazione della societ脿, prevede riacquisti tramite diversi metodi, inclusi transazioni sul mercato aperto, negoziazioni private e operazioni di blocco.
La CFO Jennifer Li ha sottolineato che questa iniziativa riflette la fiducia dell'azienda nei propri fondamentali, nella solidit脿 finanziaria e nelle prospettive a lungo termine. I riacquisti saranno finanziati con la liquidit脿 disponibile di WeRide, mentre il consiglio manterr脿 la flessibilit脿 di modificare, sospendere o terminare il programma in base alle condizioni di mercato.
WeRide Inc. (Nasdaq: WRD) ha anunciado un importante programa de recompra de acciones de hasta 100 millones de d贸lares estadounidenses de sus acciones ordinarias Clase A, a ejecutarse durante los pr贸ximos 12 meses. El programa, autorizado por la junta directiva de la empresa, permite recompras a trav茅s de diversos medios, incluyendo transacciones en el mercado abierto, negociaciones privadas y operaciones en bloque.
La directora financiera Jennifer Li destac贸 que esta iniciativa refleja la confianza de la empresa en sus fundamentos comerciales, salud financiera y perspectivas a largo plazo. Las recompras se financiar谩n con el saldo de efectivo existente de WeRide, y la junta mantendr谩 la flexibilidad para modificar, suspender o cancelar el programa seg煤n las condiciones del mercado.
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WeRide Inc. (Nasdaq : WRD) a annonc茅 un important programme de rachat d鈥檃ctions d鈥檜n montant pouvant atteindre 100 millions de dollars am茅ricains de ses actions ordinaires de Classe A, 脿 r茅aliser au cours des 12 prochains mois. Ce programme, autoris茅 par le conseil d鈥檃dministration de la soci茅t茅, permet des rachats par divers moyens, notamment des transactions sur le march茅 ouvert, des n茅gociations priv茅es et des op茅rations de bloc.
La directrice financi猫re Jennifer Li a soulign茅 que cette initiative refl猫te la confiance de l鈥檈ntreprise dans ses fondamentaux commerciaux, sa sant茅 financi猫re et ses perspectives 脿 long terme. Les rachats seront financ茅s 脿 partir de la tr茅sorerie disponible de WeRide, le conseil conservant la flexibilit茅 de modifier, suspendre ou mettre fin au programme en fonction des conditions du march茅.
WeRide Inc. (Nasdaq: WRD) hat ein bedeutendes 础办迟颈别苍谤眉肠办办补耻蹿辫谤辞驳谤补尘尘 von bis zu 100 Millionen US-Dollar seiner Class-A-Stammaktien angek眉ndigt, das innerhalb der n盲chsten 12 Monate durchgef眉hrt werden soll. Das vom Vorstand genehmigte Programm erm枚glicht R眉ckk盲ufe 眉ber verschiedene Wege, darunter Transaktionen am offenen Markt, private Verhandlungen und Blockgesch盲fte.
CFO Jennifer Li betonte, dass diese Initiative das Vertrauen des Unternehmens in seine Gesch盲ftsgrundlagen, finanzielle Gesundheit und langfristige Perspektiven widerspiegelt. Die R眉ckk盲ufe werden aus dem bestehenden Barbestand von WeRide finanziert, wobei der Vorstand flexibel bleibt, das Programm je nach Marktlage anzupassen, auszusetzen oder zu beenden.
- Authorization of substantial US$100 million share buyback program demonstrates financial strength
- Program to be funded from existing cash balance, indicating strong liquidity position
- Management's confidence in company's business fundamentals and long-term outlook
- Commitment to returning capital to shareholders while maintaining growth investments
- Reduction in cash reserves available for operational growth and R&D
- Potential limitation on financial flexibility for future strategic investments
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (鈥淲eRide鈥� or the 鈥淐ompany鈥�) (Nasdaq: WRD), a global leader in autonomous driving technology, today announced that its board of directors has authorized a share repurchase program, under which the Company may repurchase up to US
Jennifer Li, WeRide鈥檚 Chief Financial Officer and Head of International, said, 鈥渢he adoption of the share repurchase program reflects our confidence in our business fundamentals, financial health, and long term outlook, and underscores our commitment to delivering value to shareholders. Supported by a solid technology foundation and robust commercial capabilities, we are well-positioned to invest in growth while also returning capital to our shareholders. This program demonstrates our conviction that WeRide's stock represents a compelling investment opportunity.鈥�
The Company鈥檚 proposed repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company鈥檚 board of directors will review the implementation of the share repurchase program periodically and may modify, suspend or terminate the share repurchase program as it shall deem necessary or desirable. The Company expects to fund the repurchases out of its existing cash balance.
About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded robotaxi company. Our autonomous driving vehicles have been tested or operated in over 30 cities across 10 countries. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services that address a vast array of transportation needs across a diverse range of urban use cases across mobility, logistics, and sanitation. WeRide was named in Fortune Magazine鈥檚 2024 鈥淭he Future 50鈥� list. For more information, please visit .
Safe Harbor Statement
This press release contains statements that may constitute 鈥渇orward-looking鈥� statements pursuant to the 鈥渟afe harbor鈥� provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 鈥渨ill,鈥� 鈥渆xpects,鈥� 鈥渁nticipates,鈥� 鈥渁ims,鈥� 鈥渇uture,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥渂elieves,鈥� 鈥渆stimates,鈥� 鈥渓ikely to,鈥� and similar statements. Statements that are not historical facts, including statements about WeRide鈥檚 beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide鈥檚 filings with the SEC. All information provided in this press release is as of the date of this press release, and WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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What is the size of WeRide's (WRD) share repurchase program announced in May 2025?
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