Montage Technology begins second A-share repurchase, spends RMB 96.5m initially
Montage Technology initiated its second A-share repurchase program on October 31, 2025, acquiring 700,000 shares through concentrated bidding. This first repurchase under the new plan involved a total expenditure of approximately RMB 96.5306 million, excluding commissions and transfer fees. The repurchased shares represent 0.06% of the company's total share capital, with prices ranging from RMB 136.47 to RMB 147.88 per share.
The second repurchase plan, approved on July 7, 2025, aims to repurchase shares worth RMB 200 million to RMB 400 million by July 7, 2026. The initial maximum repurchase price of RMB 118 per share was adjusted to RMB 117.80 per share following a semi-annual equity distribution on October 22, 2025. Subsequently, the maximum repurchase price was further revised upwards to RMB 200 per share on October 30, 2025.
This current repurchase follows the completion of the company's first A-share repurchase plan on September 19, 2025, which saw 2.339 million shares repurchased for approximately RMB 200.486 million. Montage Technology reiterates its commitment to strictly adhere to regulatory guidelines and make timely disclosures.
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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