WuXi AppTec completes HKD 1.5bn H-share buyback

WuXi AppTec (SSE:603259) announced that the trustee of its 2025 H Share Incentive Trust Plan has completed purchasing H shares. The buyback, authorized at the company’s 2024 annual general meeting on April 29, 2025, utilized a maximum of HKD 1.5 billion provided by the company. As of June 12, 2025, the trustee had purchased 21,105,089 H shares through market transactions, representing approximately 0.73% of the company’s total share capital. These shares will serve as the source for granting awards to selected participants, contingent on achieving the basic grant condition of realizing revenue of CNY 420 billion or more in 2025. The company cautioned investors regarding the uncertainty of achieving the basic grant conditions.