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2025-09-15 19:43:15
[Industrial Foxconn: Plans to repurchase and cancel 1.2855 million restricted shares for equity incentives] ⑴ On Monday, Industrial Foxconn (601138) issued an announcement stating that due to the resignation of some equity incentive targets, failure to meet personal performance assessment standards, death, or changes in job positions or personal qualifications, the company decided to repurchase and cancel the corresponding 1.2855 million restricted shares. ⑵ The repurchase price of this restricted stock will be based on the lower of the grant price and the market price. It is expected that the cancellation of this restricted stock will be completed on September 18, 2025. After the completion of this repurchase and cancellation, the company's total share capital will be reduced by 1.2855 million shares along with the number of shares cancelled this time, which will not have a significant impact on the company's daily production and operations.
