Foxconn Industrial Internet provides update on share buyback

Foxconn Industrial Internet (SSE:601138) announced the progress of its share repurchase program, which was initially approved on April 14, 2025, and later ratified at the shareholder meeting on April 30, 2025. As of May 31, 2025, the company has repurchased a total of 7,697,400 shares, representing 0.04% of the company's current total share capital, through centralized bidding via the Shanghai Stock Exchange trading system. The highest repurchase price was CNY19.84 per share, while the lowest was CNY18.40 per share, resulting in a total expenditure of CNY147,089,384.00 (excluding transaction fees and transfer fees). The buyback program, intended to reduce registered capital and support shareholder value, will continue until April 29, 2026.