EHang Holdings Limited (EHang) (Nasdaq: EH), a global leader in Urban Air Mobility (UAM) technology, announced its Board of Directors’ approval of a US$30 million share repurchase program. This program authorizes the repurchase of up to US$30 million of its American Depositary Shares (ADSs) or ordinary shares within the next year.
EHang’s Founder, Chairman, and CEO, Mr. Huazhi Hu, stated that the program reflects confidence in EHang’s future growth and commitment to shareholder value. The company plans to continue its leadership in safe, autonomous, and sustainable eVTOL solutions for the UAM sector, while maintaining responsible capital allocation for sustainable growth and profitability.
Repurchases may occur through open market transactions, private negotiations, block trades, or other legal methods, depending on market conditions and compliance with applicable securities laws, including Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and amount of repurchases will be at the discretion of management, considering factors such as price, trading volume, market conditions, working capital needs, and overall business conditions. Funding will come from existing cash and operational cash flow.
About EHang
EHang (Nasdaq: EH) is a leading global UAM technology platform company dedicated to safe, autonomous, and environmentally friendly air mobility for everyone. EHang offers UAV systems and solutions for various industries, including air mobility (passenger transport and logistics), smart city management, and aerial media solutions. Its EH216-S is the world’s first pilotless eVTOL to receive a type certificate, production certificate, and standard airworthiness certificate from the Civil Aviation Administration of China. As a pioneer in cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to push the boundaries of flight technology for smart cities. For more information, please visit .
Safe Harbor Statement
This release includes forward-looking statements under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, often including words like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” and “likely to,” are not historical facts but rather projections. Forward-looking statements involve inherent risks and uncertainties. Actual results could differ materially due to factors such as certifications, product/solution demand and market acceptance, UAM service commercialization, strategic partnerships, and current or potential litigation. These statements reflect current expectations and assumptions, which are subject to known and unknown risks and uncertainties beyond management’s control.
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