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SHANGHAI - Foxconn Industrial Internet Co., Ltd. (FII), a subsidiary of Hon Hai Precision Industry Co., has repurchased 7,697,400 shares through the Shanghai Stock Exchange's centralized bidding system as of October 31, 2025, according to a company statement released Tuesday.
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, making it a majority shareholder in the subsidiary.
The share repurchase was executed through the Shanghai Stock Exchange's centralized bidding trading system, a standard mechanism for conducting buyback programs in China's equity markets.
The company did not specify the purpose of the share repurchase program or provide details about plans for the acquired shares in its announcement.
This information was disclosed in a regulatory filing based on a press release statement submitted to the London Stock Exchange's news service.
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