Wuxi Apptec Plans 2026 A-Share Employee Stock Ownership Program

Stock News
Aug 03

Wuxi Apptec Co., Ltd. (603259.SH) has disclosed the draft plan for its 2026 A-Share Employee Stock Ownership Program. The program targets up to 4,000 participants, including company managers and core technical staff from the company itself and its wholly-owned or controlled subsidiaries.

The funding for the plan comes from the company's long-term incentive fund, specifically a special incentive fund set aside under the company's compensation management policies, totaling no more than 1 billion yuan. The source of shares for the plan is the company's own repurchased shares held in its treasury account, amounting to no more than 9,701,231 shares, which represents less than 0.33% of the company's total share capital at the time of the draft plan's announcement.

The purchase price for the company's A-shares from the dedicated repurchase securities account is set at 103.08 yuan per share, which is the average price of the shares already repurchased in the company's treasury account.

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