Montage Technology's second 2025 share buyback sees no activity yet
Montage Technology reported on October 1, 2025, that it has not yet repurchased any A-shares under its second 2025 share buyback scheme, as of September 30, 2025. The company's board approved the plan on June 20, 2025, with shareholder approval on July 7, 2025. The buyback period runs from July 8, 2025, to July 7, 2026.
The second 2025 scheme aims to repurchase shares worth between yuan 200 million and yuan 400 million, with a maximum repurchase price of yuan 118 per share. The primary purpose of this buyback is to reduce the company's registered capital. This follows the completion of the first 2025 buyback scheme on September 19, 2025, which saw 2.339 million shares repurchased for approximately yuan 200.486 million.
Montage Technology emphasized its commitment to adhere to relevant regulations and market conditions when making future repurchase decisions. The company will also ensure timely disclosure of any progress regarding the buyback.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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