Foxconn Industrial Internet stock gains after a RMB 1 billion buyback

Foxconn Industrial Internet stock (CNE1000031P3) closed at RMB 62.71 on September 18, 2026, up 2.35 percent, while the company completed a RMB 1 billion repurchase at an average RMB 63.16 per share. According to Investing.com on September 18, 2026, the Shanghai-listed maker bought back 15.83 million shares.

Buyback reaches the floor

The repurchase covered about 0.08 percent of total share capital and cost RMB 1,000,005,217.68 excluding transaction fees. The price band ran from RMB 59.91 to RMB 66.40, which puts the average repurchase price close to the closing level of RMB 62.71 on September 18, 2026.

That matters for investors because the company used a plan that had a lower spending limit of RMB 1 billion and then stopped once that threshold was met. The completed program gives a concrete capital-allocation signal without changing the core operating story.

Half-year numbers stay strong

Futu reported on September 19, 2026, that Foxconn Industrial Internet posted revenue of RMB 557.861 billion in the first half of 2026, up 54.63 percent year on year, with net profit attributable to shareholders of RMB 23.740 billion. The same report said non-GAAP net profit reached more than RMB 22.9 billion, up 96.99 percent.

The scale is the key point: a RMB 557.861 billion half-year top line and RMB 23.740 billion in attributable profit show how large the AI-driven manufacturing base has become. The comparison is equally clear, because revenue rose 54.63 percent and profit rose nearly 1.0x year on year.

Stock reacts to cash use

The market backdrop was also firm on September 18, 2026, with the share price at RMB 62.71 and the buyback average at RMB 63.16. That left the stock below the repurchase average by RMB 0.45 per share, or about 0.71 percent.

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