ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MG Magna International Inc

57.97
-0.71 (-1.21%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Magna International Inc TSX:MG Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.71 -1.21% 57.97 57.88 58.01 58.09 56.76 58.00 842,191 21:14:58

Magna Announces Completion of Second Share Repurchase Program

29/12/2017 10:05pm

PR Newswire (Canada)


Magna (TSX:MG)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Magna Charts.

AURORA, ON, Dec. 29, 2017 /CNW/ - Magna International Inc. (TSX: MG; NYSE: MGA) today announced the completion of the second of two share repurchase programs (the "Program"). The Program was commenced pursuant to an issuer bid exemption order issued to Magna by the Ontario Securities Commission on November 21, 2017.

Magna repurchased a total of 395,100 Common Shares under the Program directly from a third party, for an aggregate purchase price of CAD $27.5 million. All Common Shares acquired under the Program were cancelled. The Program formed part of Magna's normal course issuer bid announced on November 13, 2017.

INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com │ 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Director of Corporate Communications & PR
tracy.fuerst@magna.com │ 248.631.5396

OUR BUSINESS (1)
We are a leading global automotive supplier with 328 manufacturing operations and 99 product development, engineering and sales centres in 29 countries. We have over 163,000 employees focused on delivering superior value to our customers through innovative products and processes, and world class manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, vision, closure and roof systems and have electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.
__________________________________________

(1) Manufacturing operations, product development, engineering and sales centres and employee figures include certain equity-accounted operations.

SOURCE Magna International Inc.

Copyright 2017 Canada NewsWire

1 Year Magna Chart

1 Year Magna Chart

1 Month Magna Chart

1 Month Magna Chart