FilingReader Intelligence

WuXi AppTec completes A-share repurchase, announces cancellation

June 23, 2025 at 05:01 PM UTCBy FilingReader AI

WuXi AppTec (HKEX: 2359) announced the completion of its second A-share repurchase program for 2025, executed through bidding, and will now proceed with the cancellation of these shares. Between April 18, 2025 and June 20, 2025, the company repurchased 15,775,377 A-shares, representing 0.5462% of its total issued share capital. The repurchase saw a maximum price of RMB69.87 per share, a minimum of RMB52.52 per share, and an average price of RMB63.39 per share. The total expenditure for the repurchase, excluding transaction fees, amounted to RMB1,000,001,057.93. The repurchased A-shares will be cancelled on June 24, 2025 and the Company's registered capital will be reduced accordingly. WuXi AppTec stated that this repurchase will not materially impact the company’s operations, financials, or its listing status.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:2359Hong Kong Exchange
Hong Kong Blue Chip

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