Baidu authorized a $5 billion share repurchase program effective through 2028. The company also established its first-ever dividend policy, with the initial payout scheduled for 2026. Management cited substantial cash reserves for these initiatives despite ongoing AI investment pressures.
BIDU shares rose 5.28% to $145.22 in pre-market trading on February 05, 2026. This rally reversed a five-session decline triggered by broader weakness in the technology sector.
The stock previously closed at $137.95 on February 04, representing a 4.77% daily loss. That decline occurred amid a significant market rotation away from AI-related equities.