---
title: "MTM: Plans to repurchase shares for 30 million to 50 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236770116.md"
description: "MTM announced that the company plans to repurchase shares for between 30 million and 50 million yuan, with a repurchase price not exceeding 96.54 yuan per share. The repurchased shares will be used for the employee stock ownership plan or equity incentives, and shares not transferred within three years will be legally reduced in registered capital and canceled. The repurchase period is within 6 months from the date of approval by the board of directors, and the funding source will be the company's own funds or a special loan from CITIC Bank Nanjing Branch"
datetime: "2025-04-21T11:00:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236770116.md)
  - [en](https://longbridge.com/en/news/236770116.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236770116.md)
generator: "portal-rs"
---

# MTM: Plans to repurchase shares for 30 million to 50 million yuan

MTM announced that the company plans to repurchase shares with funds ranging from 30 million to 50 million yuan, with a repurchase price not exceeding 96.54 yuan per share. The repurchased shares will be used entirely for the employee stock ownership plan or equity incentives and will be transferred within three years from the announcement date of the repurchase results and share changes. If the repurchased shares are not fully transferred within three years, the company will legally proceed with the reduction of registered capital, and the untransferred shares will be canceled. The repurchase period is within six months from the date of the board of directors' approval, and the funding source will be the company's own funds or a special loan provided by the Nanjing branch of CITIC Bank

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**