CATL Says Recent Buyback Plan Reflects Confidence in Long-Term Outlook
2026-07-26 23:49:20
At its July 24 earnings call, CATL said it launched a buyback plan after recent capital market volatility and a decline in its share price, citing its financial position, industry standing and broader market conditions. The company said the move is meant to address potential future mismatches between its valuation and actual value if the stock falls sharply, and that the buyback reflects confidence in its long-term development prospects, according to 36Kr. CATL added that repurchases must be considered case by case, with each step subject to prudent review and compliance checks.
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