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 notice covers purchases of up to 28.5 million common shares, equal to about 10% of its public float, Magna said.
The company said its prior normal course issuer bid will terminate at the close of trading on Wednesday and the new bid will start on Thursday to terminate on Nov. 6, 2025.
Magna said it also established an automatic share purchase plan to facilitate the purchase of shares under the new bid.
Price: 42.29, Change: +0.15, Percent Change: +0.36
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。