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Foxconn Industrial Internet announces share repurchase and capital reduction

April 30, 2025 at 05:15 PM UTCBy FilingReader AI

Foxconn Industrial Internet Co., Ltd. (SSE:601138) has announced plans to repurchase shares for cancellation, thereby reducing its registered capital. The decision, approved by the board on April 14, 2025, and ratified at the May 1, 2025 shareholder meeting, involves a repurchase of shares using the company’s own funds, with an aggregate amount not lower than CNY 500 million and not exceeding CNY 1 billion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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