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CMC Magnetics Sells Accton Technology Shares for NT$377 Million

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CMC Magnetics (TPE:2323) disposed of 180,000 shares in Accton Technology for NT$377.4 million, according to a Tuesday filing with the Taiwan Exchange.

The optical disc maker sold the shares between Aug. 26 and Sept. 1 at an average price of NT$2,097 apiece.

The disposal was part of the company's portfolio management strategy.

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