Montage Technology progresses on first A-share buyback plan

Montage Technology has announced ongoing progress of its first 2025 A-share repurchase plan, which started on June 23, 2025. As of September 4, 2025, the company has cumulatively repurchased 2.1 million A-shares through centralized bidding transactions, representing 0.18% of its total share capital. The total amount paid for these repurchases is approximately RMB174 million, with prices ranging from RMB77.79 to RMB113.59 per share. The repurchased shares are intended for use in employee stock ownership plans or equity incentives.

From September 1 to September 4, 2025, Montage Technology repurchased an additional 180,000 A-shares, accounting for 0.02% of its total share capital. These recent transactions involved prices between RMB106.35 and RMB113.59 per share, totaling approximately RMB19.8559 million.

The company's second 2025 A-share repurchase plan, approved on July 7, 2025, has not yet commenced. Its implementation is pending the completion of the first buyback scheme. The second plan aims to reduce registered capital, with an intended repurchase amount between RMB200 million and RMB400 million, and a share price ceiling of RMB118.