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At close · Fri, Aug 14, 2026
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HomeUS MarketsM&A & DealsChinese tech giant cuts share buyback by 80% to fund AI

Chinese tech giant cuts share buyback by 80% to fund AI

Yahoo Finance reports that a Chinese tech company has reduced its share buyback by 80% as it reallocates capital toward artificial intelligence efforts.

The report frames the buyback cut as a funding shift, with the company directing resources to AI rather than returning as much to shareholders through repurchases.

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