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Magna International Inc (MG.TO)

MG.TO on Toronto Stock Exchange

68.71CAD
24 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Magna announces specific share repurchase programs as part of normal course issuer bid
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Magna International Inc ::Announces specific share repurchase programs as part of normal course issuer bid.  Full Article

‍TSX accepts Magna International's notice of intention to make normal course issuer bid​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Magna International Inc :‍TSX accepts notice of intention to make normal course issuer bid​.‍Pursuant to notice, co may purchase up to 35.8 million Magna shares, representing approximately 10% of its public float​.  Full Article

Magna reports Q3 earnings per share $1.36
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Magna International Inc :Magna announces third quarter results.Q3 earnings per share $1.36.Q3 sales $9.5 billion versus I/B/E/S view $9.23 billion.Q3 earnings per share view $1.32 -- Thomson Reuters I/B/E/S.Magna International Inc - Expects 2017 ‍capital spending of approximately $1.9 billion​.Sees FY 2017 total sales $38.3 billion - $39.5 billion‍​.  Full Article

Magna forms E-Powertrain joint venture in China
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Magna International Inc : :Magna forms E-Powertrain joint venture in China.Magna International - ‍has entered into a JV agreement with Huayu Automotive Systems Co, a subsidiary of Saic Motor​.Magna International Inc - ‍JV will initially produce an electric-drive powertrain system for a German automaker​.  Full Article

Magna International to build new paint line in Slovenia
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Magna International Inc :Magna to build new paint line in Slovenia to support Graz Vehicle production.Facility in Slovenia expected to begin operations in 2019​.Taking Jaguar E-Pace, Jaguar I-Pace & other programs into account​, co expected to contract manufacture about 200,000 vehicles per year by 2018.  Full Article

Magna joins The BMW Group, Intel, Mobileye for autonomous driving technology
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Magna International Inc::Magna joins The BMW Group, Intel and Mobileye platform as an integrator to bring autonomous driving technology to the market.  Full Article

Magna announces specific share repurchase program as part of normal course issuer bid
Friday, 17 Mar 2017 

Magna International Inc : Magna announces specific share repurchase program as part of normal course issuer bid . Magna international inc - intends to purchase for cancellation up to 1.5 million common shares under a specific share repurchase program . Magna international inc - toronto stock exchange has accepted magna's amended notice of intention to make a normal course issuer .Magna international -agreement with third party to buy co's shares through transactions, may take place on any trading day between march 22 - march 31.  Full Article

Magna Q2 diluted EPS from continuing operations $1.41
Friday, 5 Aug 2016 

Magna International Inc : Magna announces record second quarter and year to date results . Q2 sales $9.4 billion versus i/b/e/s view $9.24 billion . Q2 diluted earnings per share from continuing operations $ 1.41 . Magna international inc sees 2016 North America light vehicle production 18.0 million units . Sees 2016 total production sales $30.6 - $31.9 billion . Sees 2016 capital spending $1.8 - $2.0 bln . Sees 2016 total sales $35.5 - $37.2 bln . Magna international inc sees 2016 europe light vehicle production 21.4 million units .Fy2016 revenue view $36.15 billion -- Thomson Reuters I/B/E/S.  Full Article

Magna International Inc gives FY 2016 revenue guidance in line with analysts' estimates
Wednesday, 13 Jan 2016 

Magna International Inc:Expects FY 2016 total sales of $34.6 billion - $36.3 billion.FY 2016 revenue of $35.3 billion - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Magna announces specific share repurchase programs as part of normal course issuer bid

* Announces specific share repurchase programs as part of normal course issuer bid Source text for Eikon: Further company coverage: