CMC Magnetics Sells About NT$354 Million Worth of Shares in YMTC

MT Newswires Live

05/23

CMC Magnetics (TPE:2323) sold about 4.6 million shares of YMTC for a total of NT$353.6 million.

The shares were sold between March 27 and May 22, at an average price of NT$76.76 per share.

The sale generated a gain of NT$9.2 million, according to a Thursday Taiwan Exchange filing.

After the disposal, CMC Magnetics holds 152,000 shares of YMTC, representing 0.004% of the total shares, the optical storage products manufacturer said.

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