WuXi AppTec Co., Ltd. Class H (HK:2359) has released an update.
WuXi AppTec Co., Ltd. has actively repurchased several tranches of A shares between March 11 and March 22, 2024, without canceling them, affecting a minor percentage of its overall issued shares. The repurchase prices ranged from a discount to a premium compared to the market prices preceding the transactions. This strategic move might indicate the company’s confidence in its value, impacting investor perceptions and potentially influencing the stock’s market performance.
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