Luxshare Precision Industry Co., Ltd. (SZSE:002475) announces a share repurchase program. Under the program, the company will repurchase up to CNY 2,000 million worth of its shares. The shares will be repurchased at no more than CNY 86.96 per Share. The purpose of the program is to use the repurchased shares for ESOP or equity incentives. The program will be funded from Own Funds or Self-Financing (including Special Repurchase Loans). The program will be valid for 12 months.
On February 23, 2026, the company announced that it has adjusted its share repurchase price from CNY 86.96 per share to CNY 86.60 per share. The adjustment will be effective from February 12, 2026.
Luxshare Precision Industry Co., Ltd. specializes in the design and manufacture of electronic connector. The group's products include USB bus, data connectors, power cables, extension connectors, connectors for coaxial cables and ribbon cables. Net sales break down by area of activity as follows:
- consumer electronics manufacturing (87.5%);
- computer manufacturing (5.1%);
- automotive industry (2.7%);
- communication products manufacturing (2.1%);
- other (2.6%).
93.2% of net sales are abroad.
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