Montage Technology progresses with second A-share repurchase plan
Montage Technology has announced the ongoing progress of its second A-share repurchase plan for 2025. As of November 30, 2025, the company has cumulatively repurchased 1.505 million A-shares through centralized bidding, representing 0.13% of its total share capital. The highest price paid for these shares was 147.88 yuan per share, while the lowest was 115.00 yuan per share, with a total expenditure of approximately 201,568,700 yuan (excluding commissions and transfer fees).
This repurchase plan, initially disclosed on June 21, 2025, aims to reduce the company's registered capital. The implementation period runs from July 8, 2025, to July 7, 2026, with an estimated repurchase amount between 200 million yuan and 400 million yuan. The company's first repurchase plan for 2025 was completed on September 19, 2025, involving 2.339 million shares for approximately 200,486,000 yuan.
The maximum repurchase price for the second plan was adjusted from 118.00 yuan per share to 117.80 yuan per share following a semi-annual equity distribution on October 22, 2025. Subsequently, on October 30, 2025, the board further approved an adjustment, raising the maximum repurchase price to 200 yuan per share.
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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