WeRide Discloses HKD 188.7 Million Share Buyback in Hong Kong Filing
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WeRide ( (WRD) ) has provided an update.
On March 30, 2026, WeRide filed a Form 6-K with the U.S. Securities and Exchange Commission to report changes in its share capital disclosed to the Hong Kong Stock Exchange. The filing detailed a Next Day Disclosure Return reflecting a repurchase of shares and updated balances of issued and treasury shares.
According to the Hong Kong disclosure dated March 30, 2026, WeRide repurchased 9,607,700 Class A WVR ordinary shares on the Exchange at prices between HKD 18.13 and HKD 19.82, for an aggregate consideration of about HKD 188.7 million. Following the transaction, issued shares excluding treasury shares fell to 962,687,241, treasury shares rose to 9,820,800, and the company entered a moratorium period until April 29, 2026 during which it cannot issue or sell new shares without exchange approval, signaling active capital management and potential support for its share price.
The most recent analyst rating on (WRD) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on WeRide stock, see the WRD Stock Forecast page.
Spark’s Take on WRD Stock
According to Spark, TipRanks’ AI Analyst, WRD is a Neutral.
WeRide Inc.’s overall stock score is primarily impacted by its poor financial performance, with persistent losses and negative cash flows. While the earnings call provided some positive insights into revenue growth and global expansion, the company’s valuation remains unattractive due to its unprofitability. Technical analysis suggests caution, with mixed signals and potential bearish momentum.
To see Spark’s full report on WRD stock, click here.
More about WeRide
WeRide Inc. is a foreign private issuer incorporated in the People’s Republic of China and listed in Hong Kong, where it trades WVR Class A ordinary shares under stock code 00800. The company reports to the U.S. Securities and Exchange Commission on Form 20-F and maintains its principal executive offices in Guangzhou, positioning it within the cross‑listed China/Hong Kong issuer universe.
Average Trading Volume: 4,735,785
Technical Sentiment Signal: Sell
Current Market Cap: $2.57B
See more insights into WRD stock on TipRanks’ Stock Analysis page.
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