TPE:2323

2 stories mentioning TPE:2323Updated 25d ago

Every FINWIRES story that references TPE:2323, newest first.

CMC Magnetics Sells Stake in Nanya Technology Worth NT$362 Million; Shares Gain 5%

CMC Magnetics (TPE:3050) sold 1.1 million shares in Nanya Technology (TPE:2408) for about NT$319 million, according to a Wednesday Taiwan Exchange filing.Shares gained over 5% in Thursday's midday trade.The shares were sold between May 18 and May 20, at an average price of NT$295.40 per share.The company attributed the stock sale to its routine asset management and portfolio rebalancing guidelines.Following the transaction, the company holds a 0.11% stake in Nanya Technology, it said.

TPE:2323TPE:2408

Asia54d ago

CMC Magnetics Sells Stake in Phison Electronics Worth NT$306 Million; Shares Drop 5%

CMC Magnetics (TPE:2323) sold 175,000 shares in Phison Electronics for a total of NT$306.3 million, according to a Wednesday Taiwan Exchange filing.Shares dropped about 5% in Thursday's afternoon trade.The shares were sold at an average price of NT$1,750.02 each, generating a gain of NT$2.51 million.Following the transaction, CMC Magnetics still holds 509,000 shares in Phison, representing a 0.23% stake.The company said the disposal was part of its portfolio management strategy.

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