WuXi XDC climbs on share purchases under company scheme

WuXi XDC Cayman

29/05/2026 06:35

** Shares of WuXi XDC Cayman Inc 2268.HK climb 4.6% to HK$55.25, on course for biggest one-day pct rise since May 20
** Stock of pharma services provider on track to snap two sessions of declines
** Co said its appointed trustee for company share scheme purchased 5.7 mln shares between May 19 and 29 in open market for HK$326.5 mln ($41.67 mln)
** Said share purchase was funded entirely by co's own financial resources and the purchased shares are currently held by the trustee
** YTD, stock down 10.3%, Hang Seng Biotech Index .HSBIO down 5.9%

($1 = 7.8354 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))