Autohome Inc. announces a stock buyback program on September 4th, citing undervalued stock.

Autohome Inc., a Chinese automotive information services provider, announced a stock buyback program on September 4th, intending to repurchase $0.00 in shares, suggesting management views the stock as undervalued. The company operates websites offering automotive content in China and reported an earnings per share (EPS) of $4.71, exceeding estimates by $4.12. Analysts anticipate an EPS of 1.96 for the current year.

September 10, 2024
3 Articles

Further Reading