Montage Technology Proposes Share Repurchase Plan of RMB 200 Million to RMB 400 Million to Reduce Registered Capital
3 week ago / Read about 0 minute
Author:小编   

Montage Technology has announced its intention to utilize its own funds to repurchase shares valued between RMB 200 million and RMB 400 million, with a per-share repurchase price capped at RMB 118. The repurchased shares will be utilized for the purpose of reducing the company's registered capital. The repurchase period will commence following the approval by the general meeting of shareholders and will extend over a duration of 12 months.