CMC Magnetics Buys MediaTek Shares Worth NT$319 Million

MT Newswires Live

06/12

CMC Magnetics (TPE:2323) acquired 250,000 shares of MediaTek (TPE:2454) for NT$319.1 million between May 22 and June 11 at an average price of NT$1,276.6 per share.

The purchase is part of the company's portfolio management strategy, the optoelectronic products manufacturer said.

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