Montage Technology Co., Ltd. (SHSE: 688008) has announced a plan to repurchase its own A-shares from the open market through centralized竞价 trading.
The company stated it will use its own funds for this buyback, which is intended to safeguard corporate value and protect shareholder interests.
The total value of the repurchase is set at no less than 300 million yuan (inclusive) and no more than 600 million yuan (inclusive).
The maximum repurchase price has been capped at 332.90 yuan per share (inclusive).