Montage Technology Co.,Ltd. (ASX: 688008) has announced that its board of directors received a formal proposal from Chairman and CEO Mr. Yang Chonghe on July 16, 2026.
The proposal recommends that the company repurchase its own A-shares using its own funds through centralized competitive bidding on the Shanghai Stock Exchange trading system.
The proposed total amount for the share repurchase is set at no less than 3 billion yuan and no more than 6 billion yuan.