SEHK:9660Software
Why Horizon Robotics (SEHK:9660) Is Up 8.3% After Launching a 10% Share Buyback Program
Horizon Robotics (SEHK:9660) recently began executing a shareholder‑approved buyback program that allows repurchases of up to 1.32 billion shares, or 10% of its issued share capital, funded from legally available resources under its governing rules and laws.
The company expects these repurchases to lift net asset value per share and earnings per share, sharpening investor focus on its capital allocation alongside its expanding automotive AI chip portfolio.
Next, we’ll examine how Horizon...