---
title: "MTM: Plans to repurchase shares for 30 million to 50 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238922091.md"
description: "MTM announced that the company plans to repurchase shares for between 30 million yuan 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 canceled. The repurchase period is within 6 months from the date of the board's approval, with funding sourced from self-owned funds or special loans. Management is authorized to implement the repurchase based on market conditions and disclose progress in a timely manner"
datetime: "2025-05-06T12:40:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238922091.md)
  - [en](https://longbridge.com/en/news/238922091.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238922091.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 not less than 30 million yuan and not exceeding 50 million yuan, with a repurchase price not exceeding 96.54 yuan per share. The repurchased shares will be used entirely for implementing the employee stock ownership plan or equity incentives, and will be transferred within three years after the announcement of the repurchase implementation results and share changes. If the shares are not fully transferred within three years, the untransferred shares will be legally 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 special loans. The company's board of directors has authorized the management to make repurchase decisions and implement them based on market conditions during the repurchase period, while also fulfilling information disclosure obligations in a timely manner according to the progress of the repurchase matters

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