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Linamar Corp (LNR.TO)

LNR.TO on Toronto Stock Exchange

45.23CAD
14 Dec 2018
Change (% chg)

$0.24 (+0.53%)
Prev Close
$44.99
Open
$44.65
Day's High
$46.11
Day's Low
$44.32
Volume
382,798
Avg. Vol
402,774
52-wk High
$77.16
52-wk Low
$43.90

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 blindsided by GM closure, workers walk out in protest

TORONTO/MONTREAL Hundreds of workers walked off the job and Canadian Prime Minister Justin Trudeau expressed "deep disappointment" after General Motors Co on Monday announced the closure of its Oshawa plant, catching governments and employees by surprise.