Morningstar

Li Auto to Buy Back Up to $1 Billion in Shares

Provided by Dow Jones Mar 24, 2026, 11:47:00 AM

By Nicholas G. Miller

Li Auto said it will buy back up to $1 billion of its shares through March 31 of next year.

The electric-vehicle maker expects to fund the repurchases with its existing cash balance.

"The share-repurchase program reflects our strong confidence in Li Auto's strategic roadmap and future value creation," said Chief Executive Xiang Li.

Li Auto's American depositary receipts were up 4.7% to $17.93 in premarket trading.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 24, 2026 07:47 ET (11:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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