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CATL Surges After Share Buyback Plan, Strong First-Half Profit

Bloomberg Markets Monday 27 July 2026, 02:35 UTC By Annie Lee 1 min read
Key Points

CATL Surges After Share Buyback Plan, Strong First-Half Profit Contemporary Amperex Technology Co. Ltd. shares jumped in China after the world’s biggest electric-vehicle battery manufacturer unveiled a buyback plan following strong earnings for the first half. The company plans to buy back 20 billion yuan to 40 billion yuan ($3 billion to $5.9 billion) worth of A-shares, citing confidence in growth prospects, according to a statement late Friday. CATL reported a 42% increase in first-half...

CATL Surges After Share Buyback Plan, Strong First-Half Profit Contemporary Amperex Technology Co. Ltd. shares jumped in China after the world’s biggest electric-vehicle battery manufacturer unveiled a buyback plan following strong earnings for the first half. The company plans to buy back 20 billion yuan to 40 billion yuan ($3 billion to $5.9 billion) worth of A-shares, citing confidence in growth prospects, according to a statement late Friday. CATL reported a 42% increase in first-half profit, in part due to robust demand for energy-storage systems.
CATL Surges After Share Buyback Plan (ORG) Strong First-Half Profit CATL Surges After (ORG) Strong First-Half Profit Contemporary Amperex Technology Co. Ltd. (ORG) China (LOCATION) CATL (ORG)
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