Montage Tech reports progress on A-share repurchase plan

Montage Technology (SSE:688008) announced the progress of its A-share repurchase plan initiated in June 2025. Between June 23, 2025, and June 30, 2025, the company repurchased 1,002,000 A-shares, representing 0.09% of the company's total share capital. The repurchases were conducted through centralized bidding on the Shanghai Stock Exchange. The highest repurchase price was CNY 81.91 per share, and the lowest was CNY 77.79 per share, with a total expenditure of CNY 7,904.86 million (excluding commissions and transfer fees). The repurchase plan, approved on June 20, 2025, aims to utilize between CNY 200 million and CNY 400 million to buy back shares for future employee stock ownership or equity incentive plans. The company stated it will continue to implement the repurchase plan in accordance with regulations and disclose information in a timely manner.