Magna International Inc

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• DJ Magna International Inc. Stock Rises Tuesday, Still Underperforms Market, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: MGA, MG
  
  This article was automatically generated by MarketWatch using technology from Automated Insights.
  
  Shares of Magna International Inc. MG inched 0.49% higher to C$58.90 Tuesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.54% to 24,387.90.
  

• DJ Magna's Exposure to American Carmakers Seen Adding to Risk -- Market Talk, from 13 hours ago by Dow Jones

  13 hours ago by Dow Jones
  Companies Mentioned: MGA, MG
  
  1044 ET - Magna International shifting into gear on share buybacks is seen as risky given the supplier's exposure to lagging North American carmakers. The company says it received approval to repurchase about 10% of its public float. S&P Global Ratings says the move will cause Magna's debt to earnings ratio to remain higher for longer. One major risk factor: Magna's revenue growth is expected to slow in the next year, especially given its exposure to Detroit. Geopolitical risks and slower EV adoption are also of concern. S&P revises its outlook on Magna to negative from stable. (ben.glickman@wsj.com; @benglickman)
  

• Magna International Sets Up New Normal Course Issuer Bid to Purchase Up to 28.5 Million Shares, from 13 hours ago by MT Newswires

  13 hours ago by MT Newswires
  Companies Mentioned: MGA
  10:29 AM EST, 11/05/2024 (MT Newswires) -- Magna International (MGA) said Tuesday it is terminating its existing normal course issuer bid and that a notice to establish a new normal course issuer bid was accepted by the Toronto Stock Exchange. The n...

• Magna Up 2.7% In US Premarket As Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan, from 17 hours ago by MT Newswires

  17 hours ago by MT Newswires
  Companies Mentioned: MG
  06:45 AM EST, 11/05/2024 (MT Newswires) -- Magna International Inc. (TSX: MG, NYSE: MGA) was at last look up 2.7% in US premarket as it announced Tuesday the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 and ...

• -- Magna Brief: Announcing New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan, from 17 hours ago by MT Newswires

  17 hours ago by MT Newswires
  Companies Mentioned: MG
  06:34 AM EST, 11/05/2024 (MT Newswires) -- ...