Summary by Moomoo AI
Wuxi Pharmaceutical Ming Kand New Drug Development Co., Ltd. (Pharmaceutical Ming Kand) made several share repurchases between March 8 and March 20, 2024, and delisted some shares on March 20. Pursuant to the disclosure of the Listing Rules of the Stock Exchange of Hong Kong Limited, the Company repurchased a total of 2,789,826 shares of Class A common stock during the above date, representing approximately 0.11% of the Company's total share capital prior to issue. In addition, on March 20, the Company wrote down 20,275,407 shares of A shares previously repurchased. Following these changes, the company had a deposit of 2,546,175,758 shares as of March 20. The share repurchase price ranges from RMB 50.41 to RMB 57.32, while the repurchased shares range from RMB 50.02 to RMB 57.2 on the market. The Board of Directors has formally authorized and approved each issuance of securities and confirms that all monies have been received, that all listing prerequisites have been met, and that all relevant legal requirements have been complied with.