Foxconn buyback ends as Foxconn Industrial Internet stock sits 34.01 percent below high
Published on 10/09/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Foxconn Industrial Internet completed a CNY 1.0 billion share buyback on September 18, 2026.
- First-half 2026 net profit reached CNY 23.74 billion, while revenue climbed to CNY 557.86 billion.
- The stock was last at CNY 56.07 on October 9, 2026, 34.01 percent below its CNY 84.95 52-week high.
- Third-quarter 2026 results are scheduled for October 30, 2026.
Foxconn Industrial Internet completed a CNY 1.00 billion share buyback on September 18, 2026, according to Börse Global. The stock was last at CNY 56.07 on October 9, 2026, placing it 34.01 percent below its CNY 84.95 52-week high.
Three events shape the stock
On August 12, 2026, Foxconn Industrial Internet reported second-quarter revenue of CNY 306.78 billion and net income of CNY 13.15 billion, according to Simply Wall St.
On September 7, 2026, UOB Kay Hian maintained a Buy recommendation and cited a CNY 89.50 fair value, Börse Global reported. On September 18, 2026, the company said its repurchase had acquired 15,833,353 shares, equal to 0.08 percent of its share capital, according to IT BOLTWISE.
What does the buyback mean?
The repurchase gives investors a concrete capital-allocation marker, but its CNY 63.16 average purchase price was above the October 9 market price of CNY 56.07. The difference matters because the company bought shares across a CNY 59.91 to CNY 66.40 range, while the stock now stands below every level of that range.
Operating momentum remains the stronger numerical support. In the first half of 2026, net profit attributable to shareholders rose 95.99 percent to CNY 23.74 billion, while revenue increased 54.63 percent to CNY 557.86 billion, IT BOLTWISE reported on September 30, 2026. Cloud computing revenue grew 75.70 percent, while AI-server revenue for cloud providers increased 230.00 percent during the same period.
Next date is October 30
Foxconn Industrial Internet is scheduled to report third-quarter 2026 results on October 30, 2026, according to Simply Wall St. That report will test whether the first-half acceleration in revenue and profit is continuing after the buyback ended.
Stock remains below its yearly high
Foxconn Industrial Internet trades on the Shanghai Stock Exchange under ticker 601138 and ISIN CNE1000031P3, according to Global Banking and Finance. Its October 9 market capitalization was CNY 1.1 trillion, while the 52-week range was CNY 47.35 to CNY 84.95. The combination of 95.99 percent first-half profit growth and a 34.01 percent gap to the yearly high leaves the October 30 results as the next measurable test of the valuation.
The further course of trading is shown by the continuously updated real-time quote of Foxconn Industrial Internet stock.
Foxconn Industrial Internet stock facts
- Company: Foxconn Industrial Internet Co., Ltd.
- ISIN: CNE1000031P3
- Ticker: 601138
- Primary exchange: Shanghai Stock Exchange
- Primary exchange price: CNY 56.07 on October 9, 2026
- Market capitalization: CNY 1.1 trillion as of October 9, 2026
- 52-week range: CNY 47.35-CNY 84.95
- Sector / Industry: Technology / Communication Equipment
- Next earnings date: October 30, 2026
Market context: Market report Shanghai Composite.
