Foxconn Industrial Internet Co., Ltd. (SHSE:601138) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,500 million worth of its shares. The shares will be repurchased at a price not more than CNY 17.95 per share. The repurchases will be funded using company's own funds. The shares repurchased will be used for employee stock ownership plans. The program will be valid for 12 months.

On August 5, 2022, The company has adjusted its maximum price paid for repurchase of each share to CNY 17.45 yuan.