Core Viewpoint - Industrial Fulian (601138) has adjusted its share repurchase plan, increasing the maximum repurchase price from 19.36 yuan per share to 75 yuan per share, representing a significant increase of 287% [1] Summary by Sections Share Repurchase Plan - As of now, Industrial Fulian has spent 147 million yuan to repurchase 7.6974 million shares [1] - The stock price on November 26 closed at 58.93 yuan, reflecting a 4.10% increase [1] - The adjustment in the repurchase price is based on the company's confidence in its future stable development and recognition of its value, ensuring the smooth implementation of the repurchase plan [1] Historical Context - Since its listing, Industrial Fulian has consistently returned value to shareholders through share repurchases and substantial dividends [1] - Over the past three years, the company has repurchased shares totaling nearly 1.7 billion yuan [1] - The introduction of a cancellation-based repurchase plan of 200-300 million yuan in July 2024 has garnered market attention, as it is believed to reduce total share capital, thereby increasing earnings per share and shareholder equity [1] Dividend Distribution - The cash dividend proposal for the first half of 2025, amounting to 6.55 billion yuan, has been approved by the shareholders' meeting [1] - To date, Industrial Fulian has completed seven cash dividend distributions, totaling 56.54 billion yuan, maintaining its position as the top dividend payer in the A-share electronic industry for many years [1]
工业富联提升回购价格上限每股从19.36元提高至75元