FINANCE

Battery Giant CATL Plans Record $5.9 Billion Share Buyback

Published: Jul. 27, 2026 12:48 p.m. GMT+8

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Contemporary Amperex Technology Co. Ltd. (CATL) (300750.SZ) plans to repurchase up to 40 billion yuan ($5.9 billion) of its Shenzhen-listed shares for cancellation, marking the largest single buyback in the history of the Chinese mainland’s stock market.

The battery giant plans to spend 20 billion to 40 billion yuan buying stock at up to 573 yuan a share, pending shareholder approval, according to a Friday exchange filing.

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CATL plans up to 40 billion yuan ($5.9 billion) buyback for share cancellation, a mainland China record.
Buyback to shrink equity and lift earnings per share, showing management confidence.
First-half net profit +42%, revenue +55%; proposed 6.5 billion yuan dividend.

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Who’s Who

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What Happened When

First half of 2026：: CATL reported robust first-half results, with a 42% jump in net profit and a 55% surge in revenue, and proposed a 6.5 billion yuan cash dividend.

Friday, July 24, 2026：: CATL filed an exchange filing detailing plans to repurchase 20 billion to 40 billion yuan of its shares at up to 573 yuan each, pending shareholder approval.

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