Linamar Corp T.LNR

Alternate Symbol(s): LIMAF

Consumer Cyclical Auto Parts

Linamar Corporation is a Canada-based advanced manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. Its segments include Industrial and Mobility. The Industrial segment consists of MacDon, Salford, Bourgault, and Skyjack. MacDon manufactures combined draper headers and self-propelled windrowers for the agricultural harvesting industry. Skyjack manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. The Mobility segment is focused on propulsion systems, structural and chassis systems, energy storage and power generation for both the global electrified and traditionally powered vehicle markets and is subdivided into three regional groups and one global product group: North America, Europe, Asia Pacific, and the newly formed Structures Group. The regional mobility groups are vertically integrated operations combining expertise in light metal casting, forging, machining, and assembly.

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Linamar Corp

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Post by cleareyeon Mar 11, 2022 10:46am

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Post# 34506518

NCIB - kicks in Monday.

Linda Hasenfratz stated in the conference call that they didn't use the Normal Course Issuer Bid to buy shares during the blackout period. She confirmed that they deem the blackout period to be over today and that they will exercise the NCIB starting Monday.

She seemed to say it as in, "We will start buying Monday", or some sort of enthusiastic statement like that.

We'll see if the share price - volume indicated the company buy-back on Monday.

cleareye.

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