WuXi AppTec Concludes China-Listed Share Buyback

MT Newswires Live

06/26

WuXi AppTec (HKG:2359, SHA:603259) completed the buyback of a little over 9.7 million China-listed shares for 1 billion yuan, according to a Friday Hong Kong bourse filing.

The shares, representing 0.33% of the drug research and development company's issued share capital, were repurchased at an average price of 103.08 yuan apiece.

The repurchased shares will be used for the company's employee stock ownership plan.

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