FilingReader Intelligence
WuXi AppTec announces second CNY 1bn share repurchase
April 8, 2025 at 05:15 PM UTC•By FilingReader AI
WuXi AppTec (SSE:603259) announced plans for a second share repurchase program, allocating CNY 1 billion to buy back A-shares through centralized bidding. The decision, made on April 8, 2025, aims to bolster investor confidence and stabilize the company's stock price following a recent downturn where share prices fell 20% over twenty consecutive trading days.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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