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 07:32 ET (11:32 GMT)
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