Haier Smart Home repurchases 79.39 million shares of Haier Smart Home stock

Published on 10/07/2026 at 10:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Haier repurchased 79.39 million shares worth EUR 148.00 million on October 2, 2026. Haier Smart Home stock costs EUR 2.25, unchanged from EUR 2.25.

Haier, CNE1000048K8, Illustration mit AI erstellt.

Haier Smart Home (ISIN CNE1000048K8) repurchased 79.39 million shares for EUR 148.00 million on October 2, 2026, according to Futunn. The transaction price was EUR 1.87 per share, giving the buyback a concrete scale beyond the headline number.

Buyback adds capital allocation signal

The repurchase covered 79.39 million shares and cost EUR 148.00 million, based on the October 2 announcement. For investors, the size of the transaction matters because it combines capital return with a period of weaker reported earnings.

First-half revenue fell 2.80 percent

Haier Smart Home reported operating revenue of RMB 152.10 billion for the first half of 2026, down 2.80 percent year over year, while net profit attributable to shareholders fell 14.30 percent to RMB 10.30 billion, according to Quartr.

The margin picture was more resilient: gross profit margin reached 27.20 percent in the first half, up 0.40 percentage points year over year. The same results summary reported RMB 9.75 billion in operating cash flow, down 12.50 percent, while exchange losses of RMB 911.00 million weighed on profit.

Quarterly momentum improved in the second quarter of 2026. Revenue reached RMB 78.43 billion, up 1.36 percent year over year, and gross margin rose to 29.00 percent from the year-earlier level, according to the same first-half results coverage.

Analyst target stays near the price

Jefferies maintained a Hold rating on Haier Smart Home Class H in a report dated October 2, 2026, with a price target of HKD 21.00, as Markets Insider reported. That target applies to the Hong Kong Class H shares rather than the euro reference price used here.

Stock holds at EUR 2.25

Haier Smart Home was trading at EUR 2.25 at Lang & Schwarz on October 7, 2026 at 10:12 a.m. CEST, unchanged at 0.00 percent versus the prior close of EUR 2.25 on October 6, 2026. The primary Shanghai listing is ticker 600690, with a market capitalization of CNY 188.4 billion and a 52-week range of CNY 19.25 to CNY 28.31 as of September 30, 2026. The next earnings date is October 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Haier Smart Home stock.