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WuXi AppTec Announces Capital Adjustment and Article Amendments

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WuXi AppTec Announces Capital Adjustment and Article Amendments

WuXi AppTec Co., Ltd. Class H ( (HK:2359) ) has provided an update.

WuXi AppTec Co., Ltd. has announced a proposed change in its registered capital and amendments to its Articles of Association following the completion of share option exercises and share repurchases. The company’s registered capital will decrease from RMB2,933,336,997 to RMB2,887,992,582, reflecting the cancellation of repurchased shares. These changes are part of the company’s strategic financial adjustments and may impact its capital structure and shareholder composition.

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 provides comprehensive laboratory and manufacturing services to support drug development and production.

YTD Price Performance: 14.16%

Average Trading Volume: 5,403,051

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$194.8B

For an in-depth examination of 2359 stock, go to TipRanks’ Stock Analysis page.

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