Press Release - Magna Announces Completion of Second Share Repurchase Program
Magna repurchased a total of 395,100 Common Shares under the Program directly from a third party, for an aggregate purchase price of CAD
INVESTOR CONTACT
louis.tonelli@magna.com │ 905.726.7035
MEDIA CONTACT
tracy.fuerst@magna.com │ 248.631.5396
OUR BUSINESS (1)
We are a leading global automotive supplier with 328 manufacturing operations and 99 product development, engineering and sales centres in 29 countries. We have over 163,000 employees focused on delivering superior value to our customers through innovative products and processes, and world class manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, vision, closure and roof systems and have electronic and software capabilities across many of these areas. Our common shares trade on the
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(1) Manufacturing operations, product development, engineering and sales centres and employee figures include certain equity-accounted operations.
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