BYD announces new stock buyback, plans more luxury models

BYD Yangwang U8 — BYD's large U8 luxury SUV could launch in Europe to rival models such as the Mercedes G-Class and Land Rover Defender. (Kyodo)

By:

Bloomberg

February 19, 2024 09:43 AM

BYD is planning to repurchase more shares, the automaker said in a filing, as it seeks to revive a stock-price slump resulting in a 15-month low earlier this month.

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