Montage Technology concludes first 2025 A-share buyback plan

Montage Technology Co., Ltd. announced the successful completion of its first A-share buyback plan for 2025, which ran from June 23, 2025, to September 19, 2025. The company repurchased 2.339 million shares, representing 0.20% of its total share capital. The total value of the repurchase amounted to CNY 20,048.60 million, with prices ranging from CNY 77.79 to CNY 117.00 per share, and an average price of CNY 85.71 per share.

The repurchased shares are earmarked for future employee stock ownership plans or equity incentives. The company’s board approved the buyback on June 20, 2025, with an initial commitment of at least CNY 200 million and a maximum of CNY 400 million. This strategic move, funded by the company's own capital, will not impact Montage Technology’s operations, financial health, or future development.

Montage Technology also noted that a second A-share buyback plan for 2025 was approved on July 7, 2025, and will commence after the completion of the first plan. The company confirmed that no directors or senior management traded company shares during the repurchase period.