Wuxi AppTec Completes First-Ever Share Buyback, Repurchases 20.28 Million A Shares for RMB 1 Billion
On February 5, $WUXI APPTEC (02359.HK)$ completed its first-ever share buyback, repurchasing 20.28 million A shares.
The repurchase was done at a price range of RMB 46.5 to RMB 51.72 per share, totaling RMB 1 billion, which represents the upper limit of the repurchase scheme.
This marks a significant move by Wuxi AppTec in managing its capital structure and signaling confidence in its future prospects.
The repurchase was done at a price range of RMB 46.5 to RMB 51.72 per share, totaling RMB 1 billion, which represents the upper limit of the repurchase scheme.
This marks a significant move by Wuxi AppTec in managing its capital structure and signaling confidence in its future prospects.
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