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Foxconn Adjusts Share Repurchase Price Limit Amid Rising Stock Value

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Foxconn Adjusts Share Repurchase Price Limit Amid Rising Stock Value

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The latest announcement is out from Hon Hai Precision Industry ( (HNHPF) ).

Foxconn Industrial Internet Co., Ltd., a subsidiary of Hon Hai Precision Industry, announced an adjustment to the upper limit of its share repurchase price, setting it at no more than RMB 75.00 per share. This decision reflects the company’s confidence in its stable future development and aims to align the repurchase price with the current market value, ensuring the effective execution of the repurchase plan.

More about Hon Hai Precision Industry

Hon Hai Precision Industry Co., Ltd., also known as Foxconn, operates in the electronics manufacturing industry. It is renowned for producing a wide range of electronic products and components, with a significant focus on manufacturing for major technology companies globally.

Learn more about HNHPF stock on TipRanks’ Stock Analysis page.

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