WuXi AppTec announces second A-share repurchase plan for 2025

WuXi AppTec announced a plan to repurchase A-shares for the second time in 2025, following significant share price decreases. The decision, approved by the board on April 8, 2025, aims to bolster investor confidence and promote the company's market price, and is authorized under a resolution passed in June 2024. The company intends to use self-owned or self-raised funds for the repurchase, with a maximum repurchase price of CNY97.24 per share. The repurchase period will not exceed three months from the board approval date, and if fully implemented, up to 10,283,833 A Shares (approximately 0.3561% of the total issued share capital) could be repurchased, utilizing up to CNY1 billion. The repurchased shares will be cancelled to reduce registered capital, with no expected material impact on the company's operations or financial condition.