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WUXI APPTEC Last Spikes 14%+ on Special Div. & RMB1B A-shr Buyback
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WUXI APPTEC (02359.HK) announced its 2024 results, with revenue falling 2.7% YoY to RMB39.241 billion. Net profit dropped 12.5% YoY to RMB9.353 billion, while adjusted non-IFRS net profit slipped 2.5%.

The Company declared a final dividend of RMB9.8169 for every 10 shares, and proposed a special dividend of RMB3.5 for every 10 shares. Moreover, WUXI APPTEC also announced that it has considered and approved a plan to repurchase its A shares in 2025 through bidding, involving RMB1 billion.

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WUXI APPTEC opened 5.73% higher today, and peaked at $76. The stock last printed at $74.8, spiking 14.29%, with 8.6058 million shares traded, involving $624 million.
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