FilingReader Intelligence
WuXi AppTec to cancel shares; notifies creditors
April 9, 2025 at 05:24 AM UTC•By FilingReader AI
WuXi AppTec (SSE:603259) is set to reduce its registered capital as it cancels repurchased A-shares. The decision follows shareholder approval granted in June 2024, allowing the company to repurchase shares. On April 8, 2025, the company resolved to implement a CNY 1 billion buyback program via concentrated bidding to safeguard shareholder value, with the repurchased shares slated for cancellation.
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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