23 Jan 2026 | 3 Mins Read
Xiaomi launches stock buyback to counter competition and costs
Flipitmoney
Xiaomi announced a HK$2.5 billion ($321 million) stock buyback program to reassure investors. The plan, which starts Jan 23, comes amid competition, rising costs and product concerns. Shares rose 2% in trading, but remain down over 8% this year, a common result of regular share repurchases despite ongoing criticism of the practice.