3 stories mentioning HKG:2268Updated just now
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WuXi XDC Cayman (HKG:2268) has an average rating of buy and mean price target of HK$82.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
WuXi XDC Cayman's (HKG:2268) trustee bought back 5.7 million shares of the firm from the market for about HK$57.3 apiece, according to a Friday filing with the Hong Kong bourse.The shares represent 0.45% of the contract research, development and manufacturing organization's issued share capital.
WuXi XDC Cayman (HKG:2268) disclosed plans to buy back $100 million worth of shares, according to a Monday filing with the Hong Kong bourse.The contract research, development and manufacturing organization's shares gained nearly 6% in morning trade Tuesday.The company said its current share price does not reflect its intrinsic value, representing a good opportunity to conduct the buyback.
