Summary by Moomoo AI
WuXi Apptec announced on September 11, 2024, that, according to the plan approved by the board of directors, the company will repurchase shares for the first time through centralized competitive trading, with a total repurchase amount of RMB 1 billion and a repurchase period until December 10, 2024. The purpose of this repurchase is to maintain the company's value and shareholder rights. As of the announcement date, 522,300 shares have been repurchased, accounting for 0.0179% of the total share capital, with a total fund usage of 20,007,654.00 yuan and a repurchase price range of 37.37 yuan/share to 38.67 yuan/share. The company stated that the repurchased shares will all be cancelled and the registered capital reduced, and will strictly comply with relevant laws and regulations, and make repurchase decisions opportunistically within the repurchase period based on market conditions.
