Montage Technology: Plans to Repurchase A-Shares for CNY 300 Million to CNY 600 Million
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Montage Technology: Plans to Repurchase A-Shares for CNY 300 Million to CNY 600 Million
Montage Technology announced that the company intends to repurchase A-share shares through centralized bidding trading, with a repurchase amount of not less than 300 million yuan (inclusive) and not exceeding 600 million yuan (inclusive). The repurchase price will not exceed 332.90 yuan per share (inclusive). The repurchase period will be within 3 months from the date of approval by the Board of Directors. The repurchase funds will be sourced from the company's own funds, and the repurchased shares will be used to maintain company value and shareholders' equity.
Navigating Web3 tides with focused insightsTechFlow News, July 23, Montage Technology announced that the company plans to repurchase A-share shares via centralized bidding, with a repurchase amount of no less than 300 million yuan (inclusive) and no more than 600 million yuan (inclusive), a repurchase price not exceeding 332.90 yuan/share (inclusive), and a repurchase period within 3 months from the date of approval by the board of directors. The repurchase funds will come from the company's own funds, and the repurchased shares will be used to maintain company value and shareholder equity. (Jin10)
