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Foxconn Industrial Internet Completes RMB 500 Million Share Buyback for Cancellation

Story Highlights
  • Foxconn subsidiary FII repurchased 14.1 million shares in Shanghai, spending about RMB 500 million over May 2025 to March 2026.
  • FII will cancel the repurchased shares on March 31, 2026, slightly reducing share capital and influencing shareholder rights and pricing.
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Foxconn Industrial Internet Completes RMB 500 Million Share Buyback for Cancellation

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Hon Hai Precision Industry ( (HNHPF) ) has shared an announcement.

Foxconn subsidiary Foxconn Industrial Internet has completed a share repurchase program on the Shanghai Stock Exchange, buying back 14,103,497 shares between May 2025 and March 2026 through centralized competitive bidding. The repurchased stock represents 0.07% of FII’s total share capital, with prices ranging from RMB 18.40 to RMB 63.40 per share and an aggregate outlay of about RMB 500 million.

FII has met the minimum scale required under its repurchase plan and will cancel all repurchased shares on March 31, 2026 at China Securities Depository and Clearing’s Shanghai branch, followed by the necessary changes to its business registration. The cancellation will slightly reduce FII’s share count and is expected to affect shareholder rights and market pricing, underscoring Hon Hai’s continued capital-management activity at a key listed subsidiary in China.

More about Hon Hai Precision Industry

Hon Hai Precision Industry Co., Ltd., better known globally as Foxconn, is a leading electronics manufacturing services provider with operations spanning components, devices and industrial internet solutions. Its subsidiary Foxconn Industrial Internet Co., Ltd. (FII), listed in Shanghai, focuses on smart manufacturing and industrial internet platforms to serve technology and hardware clients worldwide.

See more insights into HNHPF stock on TipRanks’ Stock Analysis page.

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