WuXi AppTec (HKG:2359, SHA:603259) has proposed a buyback plan to repurchase up to 1 billion yuan worth of A shares through bidding on the Shanghai Stock Exchange,
Around up to 10,283,833 A shares are expected to be bought back within a period of three months following board approval.
The shares represent 0.3561% of the firm's issued share capital as of Tuesday.
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