Wei Liu's questions to Atour Lifestyle Holdings Ltd (ATAT) leadership • Q1 2025
Question
Wei Liu from CITIC Securities asked for the strategic considerations behind the company's newly announced dividend and share buyback program.
Answer
Founder, Chairman and CEO Haijun Wang explained the initiatives reflect a commitment to long-term shareholder value. He detailed the new 3-year, up to $400 million share repurchase program, which complements the existing dividend policy of paying out at least 50% of the previous year's net income. He noted the current dividend of ~$58 million represents about one-third of the prior fiscal year's net income and confirmed the company will use a combined approach to enhance shareholder returns.