Li Auto announced today that its board of directors has approved a share repurchase program. Under the plan, the company is authorized to repurchase up to $1 billion worth of Class A ordinary shares and/or American Depositary Shares during the period from the date of approval until March 31, 2027. The repurchases will be conducted through open market transactions, block trades, or other legally permissible methods, depending on market conditions and regulatory requirements.
