Stock Track | MONTAGE TECH Soars 5.07% Intraday on Major Share Buyback Plan

Stock Track

Jul 24

MONTAGE TECH shares surged 5.07% during intraday trading on Friday, as investors reacted positively to the company's announcement of a massive share repurchase program.

The rally was fueled by the company's disclosure the previous evening that it plans to buy back A-shares through centralized bidding, with the repurchase amount ranging from RMB 3 billion to RMB 6 billion. The buyback, priced not exceeding RMB 332.90 per share, will be completed within three months using the company's own capital. The move is widely seen as a strong signal of management's confidence in the company's intrinsic value, especially after the storage sector experienced a deep correction that led to a roughly 30% shrinkage in MONTAGE TECH's market capitalization from its highs.

In addition, the company simultaneously announced that vesting conditions for its restricted stock incentive plans have been met, with 909,187 shares set to vest for 270 participants, further underscoring operational confidence and bolstering market sentiment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1140457741"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1140457741\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1140457741?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 09:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1140457741","market":"us","top_or_hot":-1,"title":"Stock Track | MONTAGE TECH Soars 5.07% Intraday on Major Share Buyback Plan","media":"Stock Track","content":"<p>MONTAGE TECH shares surged 5.07% during intraday trading on Friday, as investors reacted positively to the company's announcement of a massive share repurchase program.</p>\n        <p>The rally was fueled by the company's disclosure the previous evening that it plans to buy back A-shares through centralized bidding, with the repurchase amount ranging from RMB 3 billion to RMB 6 billion. The buyback, priced not exceeding RMB 332.90 per share, will be completed within three months using the company's own capital. The move is widely seen as a strong signal of management's confidence in the company's intrinsic value, especially after the storage sector experienced a deep correction that led to a roughly 30% shrinkage in MONTAGE TECH's market capitalization from its highs.</p>\n        <p>In addition, the company simultaneously announced that vesting conditions for its restricted stock incentive plans have been met, with 909,187 shares set to vest for 270 participants, further underscoring operational confidence and bolstering market sentiment.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MONTAGE TECH Soars 5.07% Intraday on Major Share Buyback Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MONTAGE TECH Soars 5.07% Intraday on Major Share Buyback Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-24 09:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MONTAGE TECH shares surged 5.07% during intraday trading on Friday, as investors reacted positively to the company's announcement of a massive share repurchase program.</p>\n        <p>The rally was fueled by the company's disclosure the previous evening that it plans to buy back A-shares through centralized bidding, with the repurchase amount ranging from RMB 3 billion to RMB 6 billion. The buyback, priced not exceeding RMB 332.90 per share, will be completed within three months using the company's own capital. The move is widely seen as a strong signal of management's confidence in the company's intrinsic value, especially after the storage sector experienced a deep correction that led to a roughly 30% shrinkage in MONTAGE TECH's market capitalization from its highs.</p>\n        <p>In addition, the company simultaneously announced that vesting conditions for its restricted stock incentive plans have been met, with 909,187 shares set to vest for 270 participants, further underscoring operational confidence and bolstering market sentiment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06809","symbol_name":"澜起科技","start_time":0,"source_url":"","article_id":"1140457741","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140457741","pubTimestamp":1784857862,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MONTAGE TECH shares surged 5.07% during intraday trading on Friday, as investors reacted positively to the company's announcement of a massive share repurchase program.         The rally was fueled...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06809":"澜起科技"},"translate_title":"股票跟踪 | MONTAGE TECH 因重大股票回购计划盘中飙升 5.07%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06809":1},"content_text":"MONTAGE TECH shares surged 5.07% during intraday trading on Friday, as investors reacted positively to the company's announcement of a massive share repurchase program.\nThe rally was fueled by the company's disclosure the previous evening that it plans to buy back A-shares through centralized bidding, with the repurchase amount ranging from RMB 3 billion to RMB 6 billion. The buyback, priced not exceeding RMB 332.90 per share, will be completed within three months using the company's own capital. The move is widely seen as a strong signal of management's confidence in the company's intrinsic value, especially after the storage sector experienced a deep correction that led to a roughly 30% shrinkage in MONTAGE TECH's market capitalization from its highs.\nIn addition, the company simultaneously announced that vesting conditions for its restricted stock incentive plans have been met, with 909,187 shares set to vest for 270 participants, further underscoring operational confidence and bolstering market sentiment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}