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Linamar Corp T.LNR

Alternate Symbol(s):  LIMAF

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.


TSX:LNR - Post by User

Comment by longrun86on Mar 01, 2024 1:36pm
45 Views
Post# 35909780

RE:Dividend Increase?

RE:Dividend Increase?I would also vote to buy back shares. By the time I pay the tax on the dividends and re-deploy the capital back into Linamar I am left significantly worse off than if they just did it themselves through the buyback!

My view is that the share price right now is significantly undervalued even if you took into account the clouds hovering over the automotive market.

The best future capital opportunities for Linamar are outside of being an auto parts supplier which is why I am here.

LR
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