May. 11 at 12:59 PM
$WRD
Very few companies buyback 50% of the authorized amount over a 12 month period. WeRide already bought back <60% of the
$100MM authorization.
It's not a MEGA 7 sized buyback but it is 60% of the value authorized over 7 weeks. This is historic.
Q1 earnings is on Wednesday. The annual shareholder meeting is in July where they may have another buyback authorized?
$100MM buyback is tghe size of 2025 total revenue. This is big.