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SHANGHAI - Foxconn (SS:601138) Industrial Internet Co., Ltd. (FII), a subsidiary of Hon Hai (TW:2317) Precision Industry Co., Ltd., has repurchased 7,697,400 of its own shares through the Shanghai Stock Exchange’s centralized bidding system as of July 31, 2025, according to a company statement released Monday.
The repurchased shares represent approximately 0.04% of FII’s total share capital. The company paid between RMB 18.40 and RMB 19.84 per share for the stock, with total expenditure reaching RMB 147,089,384 (approximately $20.3 million), excluding transaction fees such as commissions.
Hon Hai Precision Industry, commonly known as Foxconn, maintains an 84.10% ownership stake in FII, according to the announcement.
The share repurchase was conducted through the Shanghai Stock Exchange’s centralized bidding trading system. The company did not specify the purpose of the share buyback program or provide details on what it plans to do with the repurchased shares.
The information was disclosed in a filing to the London Stock Exchange (LON:LSEG) as a supplementary announcement to a previous disclosure made on April 14, 2025.
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