WeRide Continues Share Buyback, Repurchasing ~$28.45M in May and Early June
WRD sits 27% above its 52-week low of $6.005.
Summary
WeRide Inc. reported repurchasing an additional ~$28.45 million in shares during May and early June, continuing its active share buyback program.
Key Events · Financing and Capital Events · WRD
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Ongoing Share Repurchase Program
The company repurchased approximately $27.18 million in shares during May 2026 and an additional ~$1.27 million on June 4, 2026, as part of its existing share buyback program. This brings the total repurchases under the current mandate to 37,200,656 shares, representing 3.6211% of issued shares at the mandate date.
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Minor Share Option Exercises
513,969 share options were exercised during the month, raising approximately $340,271.28 for the company. Additionally, 396 share awards were granted under the 2026 Share Plan.
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Public Float Compliance
WeRide Inc. confirmed its compliance with the minimum 15% public float requirement for its Class A ordinary shares listed on The Stock Exchange of Hong Kong Limited.
Analysis · WRD · Technology
WeRide Inc. continues to actively execute its share repurchase program, buying back approximately $28.45 million worth of shares in May and early June. This ongoing activity, which follows previous significant repurchases in March and April, demonstrates the company's commitment to returning capital to shareholders and managing its capital structure. The cumulative repurchases under the current mandate now represent over 3.6% of the company's issued shares at the time of authorization.
At the time of this filing, WRD was trading at $7.66 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.7B. The 52-week trading range was $6.01 to $12.55. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.