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SHANGHAI - Foxconn Industrial Internet Co., Ltd. (FII), a subsidiary of Hon Hai Precision Industry Co., has repurchased 7,697,400 of its own shares through the Shanghai Stock Exchange’s centralized bidding system, according to a company statement released Thursday.
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 147,089,384.00 (approximately $20.3 million), excluding transaction fees such as commissions.
The share repurchase activity was conducted through September 30, 2025, as part of a previously announced buyback program. Hon Hai Precision Industry, commonly known as Foxconn, maintains an 84.10% ownership stake in FII.
The announcement, made through the London Stock Exchange’s news service, provided no additional information regarding the purpose of the share repurchase or any future buyback plans.
FII, which specializes in industrial internet solutions and manufacturing services, is considered an important subsidiary within Foxconn’s corporate structure. The parent company is one of the world’s largest electronics manufacturing service providers.
The information was disclosed in accordance with regulatory requirements, based on a press release statement from the company.
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