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Hon Hai Precision Industry ( (HNHPF) ) has issued an announcement.
Hon Hai Precision Industry, on behalf of its subsidiary Foxconn (Far East) Limited-Cayman, announced a capital reduction by cash refund amounting to USD 577,352,271, representing an 8.11% decrease in capital. This move, resolved by the board of directors, will impact the company’s share capital and may influence its market position and shareholder value.
More about Hon Hai Precision Industry
Hon Hai Precision Industry, also known as Foxconn, is a leading global provider in the technology manufacturing industry, primarily known for its production of electronics and components for various consumer products. The company has significant market influence as a major supplier for major tech firms worldwide.
YTD Price Performance: 70.62%
Average Trading Volume: 48,639
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $79.05B
For a thorough assessment of HNHPF stock, go to TipRanks’ Stock Analysis page.
