Foxconn Industrial Internet updates on share repurchase program
Foxconn Industrial Internet Co., Ltd. (FII) has announced progress on its share repurchase program as of November 30, 2025. The company has cumulatively repurchased 9,319,897 shares on the Shanghai Stock Exchange, representing 0.05% of its total share capital. The total amount spent on these repurchases is 247,075,625.95 yuan, excluding trading commissions and transfer fees.
The repurchased shares were acquired at prices ranging from 18.40 yuan to 63.40 yuan per share. This repurchase initiative, approved by the board and shareholders in April 2025, is primarily aimed at reducing registered capital.
Initially, the company set a repurchase price cap of 20.00 yuan per share, which was later adjusted to 19.36 yuan per share effective July 31, 2025, following the 2024 annual equity distribution. Due to a subsequent increase in the stock price, the board further adjusted the maximum repurchase price to 75.00 yuan per share in November 2025 to ensure the smooth execution of the program.
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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