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WuXi AppTec preliminary net profit for the first half approximately 8.56 billion RMB
ByAinvest
Thursday, Jul 10, 2025 6:18 am ET1min read
WuXi AppTec preliminary net profit for the first half approximately 8.56 billion RMB
SHANGHAI, July 2, 2025 — WuXi AppTec Co., Ltd. (Stock codes: 603259.SH/2359.HK), a global leader in providing R&D and manufacturing services to the pharmaceutical and life sciences industries, recently provided updates on its Q2 2025 share repurchase and H-share acquisition activities. The company has been proactive in enhancing shareholder value and attracting top talent.A-Share Repurchase and Cancellation
WuXi AppTec's Board of Directors approved an RMB1.0 billion A-share repurchase and cancellation program on April 8, 2025. This initiative aimed to uphold the company's value and protect shareholder interests. From April 18 to June 20, 2025, the company spent RMB1.0 billion (excluding transaction fees) to buy an aggregate of 15,775,377 A Shares, representing approximately 0.55% of the company's total issued share capital as of June 23, 2025. The average price per share was RMB63.39. On June 24, 2025, the company completed the cancellation of all repurchased A Shares [1].
H-Share Acquisition
As of June 27, 2025, WuXi AppTec instructed its Scheme Trustee to acquire HKD2.5 billion worth of H Shares through on-market transactions. This acquisition was part of the 2025 H Share Award and Trust Scheme. A total of 34,092,975 H shares were acquired, representing approximately 1.19% of the company's total issued share capital as of June 30, 2025. The acquired shares will be used to attract and retain highly talented employees, strengthen the management team, and enhance business resilience. According to the scheme, no more than HKD1.5 billion worth of H shares will be granted to selected employees upon the company's 2025 revenue reaching at least RMB42.0 billion. An additional HKD1.0 billion worth of H shares will be granted upon the company's 2025 revenue reaching at least RMB43.0 billion [2].
Financial Performance
WuXi AppTec's preliminary net profit for the first half of 2025 is approximately RMB8.56 billion. This strong financial performance indicates the company's robust operations and strategic initiatives are paying off.
Conclusion
WuXi AppTec's Q2 2025 activities demonstrate a commitment to shareholder value enhancement and talent acquisition. The company's financial performance and strategic initiatives position it well for continued growth and success in the pharmaceutical and life sciences sectors.
References
[1] https://www.marketscreener.com/quote/stock/WUXI-APPTEC-CO-LTD-119962220/news/WuXi-AppTec-Provides-Updates-on-Q2-Share-Repurchase-Acquisition-Activities-50452215/
[2] https://finance.yahoo.com/news/wuxi-apptec-provides-updates-q2-024100536.html
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