Bullboard - Stock Discussion Forum Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's... see more

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TSX:MRE - Post Discussion

Martinrea International Inc > Approval of Normal Course Issuer Bid T.MRE

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Post by Betteryear2 on Apr 29, 2024 7:31pm

Approval of Normal Course Issuer Bid T.MRE

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX: MRE) (“Martinrea” or the “Company”), today announced that it has filed with the Toronto Stock Exchange (the “TSX”), and the TSX has accepted, its notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, Martinrea is entitled to purchase for cancellation up to 6,435,000 common shares (“Shares”) over a 12-month period, representing approximately 10% of the public float of the Shares currently outstanding.

Martinrea International Inc. Announces TSX Approval of (globenewswire.com)