WuXi AppTec initiates share repurchase program
WuXi AppTec (SSE:603259) announced that it has commenced its share repurchase program, initially disclosed on April 9, 2025, through centralized bidding transactions. On April 18, 2025, the company repurchased 379,300 A-shares, representing 0.0131% of the total share capital. The repurchase price ranged from CNY 52.52 to CNY 52.95 per share, with a total expenditure of CNY 20,008,733.00, excluding transaction costs. This buyback forms part of the company's plan to repurchase shares worth between CNY 1 billion and CNY 1 billion, utilizing company funds to enhance shareholder equity. This program is separate from, and will not affect, the initial share repurchase proposed in March 2025 which is pending approval at the Annual General Meeting. WuXi AppTec will continue to adhere to relevant regulations and will disclose further repurchasing activities as they occur.
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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