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Bullboard - Stock Discussion Forum Magna International Inc T.MG

Alternate Symbol(s):  MGA

Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and... see more

TSX:MG - Post Discussion

Magna International Inc > TSX Accepts Notice of Intention to Make NIB
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Post by Betteryear2 on Feb 13, 2024 6:34am

TSX Accepts Notice of Intention to Make NIB

AURORA, Ontario, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 300,000 Magna Common Shares (the "Bid"), representing approximately 0.11% of its public float. As at February 1, 2024, Magna had 286,780,238 issued and outstanding Common Shares, including a public float of 286,433,600 Common Shares.

TSX Accepts Notice of Intention to Make Normal Course (globenewswire.com)

Comment by Betteryear2 on Feb 13, 2024 6:37am
Normal Course Issuer Bid (NCIB)