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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 ValueBetson Aug 12, 2024 11:36am
91 Views
Post# 36174556

RE:RE:RE:RE:Capital Allocation

RE:RE:RE:RE:Capital Allocation I agree 100%. In 2022, they bought back 4M shares close to 60$ on average.. its the current price after a nice 24 months of results, market shares gain and a stronger industrial segment than before! If 2022 buybacks were made with good timing according to mgt, now is better than ever.

On the last CC, Linda said that even with the low end in capex (6%), this range support long term double digits growth.. This means strong FCF without much growth speed sacrifices I guess!
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