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Magna International Gets Toronto Stock Exchange's Acceptance To Renew Normal Course Issuance Bid To Buyback Shares

Author: Benzinga Newsdesk | November 05, 2025 06:40am

Magna International Inc. (TSX:MG; NYSE: MGA), NYSE: MGA) announces today the Toronto Stock Exchange's (the "TSX") acceptance of its notice of intention to renew its normal course issuer bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 25,300,000 Magna Common Shares (the "NCIB"), representing approximately 10% of its public float. As at October 31, 2025, Magna had 281,814,257 issued and outstanding Common Shares, including a public float of 253,107,846 Common Shares.

Posted In: MGA TSX:MG


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