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Baidu, Inc. has issued a notice for an Extraordinary General Meeting scheduled for August 26, 2026, to facilitate its…
BAIDFBaidu, Inc.
Baidu, Inc. has issued a notice for an Extraordinary General Meeting scheduled for August 26, 2026, to facilitate its voluntary transition from a secondary to a dual-primary listing status on the Hong Kong Stock Exchange. Proposed resolutions include granting directors a general mandate to issue up to 20% of total issued Class A Ordinary Shares, a mandate to repurchase up to 10% of issued shares, and the adoption of the 2026 Share Incentive Plan with a 10% scheme limit. The company also seeks approval for a 0.5% consultant sublimit and amendments to its Articles of Association. Baidu is a technology company specializing in internet-related services and artificial intelligence.