Magna Plans to Buy Back Nearly 26 Million Shares Over Next 12 Months

Bitget2026/11/11 17:15

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Magna International renewed its normal course issuer bid in November 2026, targeting repurchases of almost 26 million shares over 12 months.
The prior authorization, approved in November 2025, was completed with over 25 million shares repurchased over the past 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magna International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611111215OMX_____CNEWS_EN_GNW9874971_en) on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magna Plans to Buy Back Nearly 26 Million Shares Over Next 12 Months

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