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Taiwan's Yuanta Financial Group has been buying shares of Yuanta Securities for 18 consecutive trading days as the major shareholder. They have purchased 10,500 shares daily, resulting in a total of 118,114,911 shares held as of the 28th. Consequently, the major shareholder's common stock ownership ratio has reached 61.30%.
Yuanta Securities Asia Financial Services Private Limited, the major shareholder of Yuanta Securities, has been buying the same number of shares daily from August 4 to 28. During this process, the number of shares held increased by 189,000 shares, and applying the closing price of 4,755 won on the 28th, the daily purchase amount is approximately 49.93 million won. However, the actual transaction price and acquisition amount were not disclosed in the report.
So far this year, Yuanta Asia has acquired 609,500 shares of Yuanta Securities in the market over 64 transactions from January to July. Last year, there were 37 reports of changes in the major shareholder's ownership. Yuanta Securities explains the major shareholder's stock purchases as an extension of a long-term investment strategy based on confidence in the company's long-term growth potential and corporate value.