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Linamar Corp (LNR.TO)

LNR.TO on Toronto Stock Exchange

52.23CAD
8:59pm GMT
Change (% chg)

$0.68 (+1.32%)
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$51.55
Open
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$51.44
Volume
228,526
Avg. Vol
352,546
52-wk High
$76.13
52-wk Low
$42.91

Latest Key Developments (Source: Significant Developments)

Linamar To Acquire The Macdon Group Of Companies For C$1,200 Mln
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Linamar Corp ::LINAMAR TO ACQUIRE THE MACDON GROUP OF COMPANIES, A GLOBAL HARVESTING SPECIALIST, TO FURTHER DIVERSITY & GROW.LINAMAR CORP - DEAL FOR C$1,200 MILLION.LINAMAR CORP - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE AND FREE CASH FLOW PER SHARE.LINAMAR CORP - EXPECTS TO REALIZE MODEST SYNERGIES FROM TRANSACTION.LINAMAR CORP - MACDON WILL BE COMBINED WITH LINAMAR'S EXISTING AGRICULTURE HARVESTING BUSINESS IN HUNGARY.LINAMAR - TO AMEND ITS CREDIT FACILITIES.LINAMAR CORP - NEW TERM LOAN FACILITY WILL BE ADDED TO FUND ACQUISITION IN AMOUNT OF A C$1,200 MILLION AS PART OF AMENDMENT.  Full Article

Linamar qtrly earnings per share $1.62‍​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Linamar Corp :Linamar delivers another quarter of solid earnings, cash flow and new business wins.Q3 sales c$1.55 billion versus I/B/E/S view c$1.52 billion.Linamar Corp - qtrly earnings per share $1.62‍​.  Full Article

Canada's Ontario commits C$40 million to bolstering auto sector

TORONTO Ontario, home to much of Canada's auto industry, announced C$40.2 million ($30.18 million) in technology-focused funds for the auto industry on Thursday, aimed largely at developing next-generation manufacturing workers, as part of a new 10-year plan.