Montage Technology Has Repurchased 620,000 Shares for About 100 Million Yuan

A 0.05% buyback is a marginal capital-return signal rather than a meaningful change to Montage's share count, so its significance lies more in the disclosure of a tight repurchase price band than in the size of the program. The narrow range suggests execution discipline, but at this scale the move is unlikely to alter liquidity or ownership structure. Whether the company extends repurchases beyond this tranche, and how the disclosed price band compares with subsequent trading, is the open question worth tracking.