CMC Magnetics Acquires Over 2 Million Shares in Dynapack

MT Newswires Live

04/01

CMC Magnetics (TPE:2323) has acquired about 2.1 million shares of Dynapack International Technology for NT$385.78 million between March 26 and March 31, 2025.

The shares were purchased at an average price of NT$180.78 apiece, according to a Monday filing with the Taiwan Exchange.

Following the acquisition, CMC now holds a total of 2.46 million shares, representing 1.615% of Dynapack's total shares.

The optical storage products manufacturer stated that the purchase was part of its portfolio management strategy.

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