WuXi AppTec Co., Ltd. Class H ( (HK:2359) ) has issued an announcement.
WuXi AppTec Co., Ltd. has announced an adjustment to its 2024 Profit Distribution and 2025 Special Dividend Distribution following a board-approved share repurchase plan. The company plans to repurchase A Shares worth RMB1 billion, which will not participate in the profit distribution, leading to a reduction in the total issued share capital entitled to dividends. This move aims to safeguard market capitalization and shareholder interests, maintaining the per share distribution amount while adjusting the total distribution amount.
More about WuXi AppTec Co., Ltd. Class H
WuXi AppTec Co., Ltd. is a company incorporated in the People’s Republic of China, operating in the pharmaceutical and biotechnology industry. It focuses on providing comprehensive laboratory and manufacturing services to support drug development and production.
YTD Price Performance: 13.98%
Average Trading Volume: 9,149,544
Technical Sentiment Signal: Sell
Current Market Cap: HK$178.8B
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