Magna International (MGA)
61.82
-0.55 (-0.88%)
NYSE · Last Trade: Nov 13th, 11:08 PM EST
News & Press Releases
Magna International Targets $48 Billion in Sales by 2030, Plans Major Share Buybackmarketbeat.com
Magna International (NYSE:MGA) outlined targets for higher sales, margins and cash flow through 2030 at its investor day, and said it intends to complete a new share repurchase authorization of almost 26 million shares over the next 12 months.
The automotive supplier’s plan assumes global light veh
Via MarketBeat · November 11, 2026
Magna Outlines Path to Turn Enterprise Strength into Lasting Value at Investor Day
AURORA, Ontario, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) earlier today held its 2026 Investor Day, The Power of Magna: Turning Enterprise Strength into Lasting Value, in New York City. At the event, the company detailed how it plans to deliver above-market organic sales growth and continued margin expansion through 2030, supported by largely booked business, deeper customer relationships, operational improvements and disciplined capital allocation.
By Magna International Inc. · Via GlobeNewswire · November 11, 2026
Magna Unveils 2030 Financial Targets at Investor Day
AURORA, Ontario, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) is holding an Investor Day this morning in New York City, where it will showcase The Power of Magna. The presentation materials include new and compelling mid-term financial targets covering the period through 2030. The targets reflect Magna's strategy to grow above market, execute with excellence and deploy capital with discipline.
By Magna International Inc. · Via GlobeNewswire · November 11, 2026
Magna Announces Renewal of Normal Course Issuer Bid
AURORA, Ontario, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; 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 25,778,000 Magna Common Shares (the "NCIB"), representing approximately 10% of its public float. As at October 31, 2026, Magna had 258,383,499 issued and outstanding Common Shares, including a public float of 257,862,127 Common Shares.
By Magna International Inc. · Via GlobeNewswire · November 5, 2026
Magna International (NYSE:MGA): A Dividend Quality Pick for Income Investorschartmill.com
Via Chartmill · October 21, 2026
Magna International (NYSE:MGA): A Decent Value Stock Trading at a Discountchartmill.com
Via Chartmill · October 8, 2026
Magna International (NYSE:MGA): Dividend Quality Stands Out Despite Payout Ratio Riskchartmill.com
Via Chartmill · September 17, 2026
Magna International (NYSE:MGA) Shines in Best Dividend Screen with Quality Yield and Solid Fundamentalschartmill.com
Via Chartmill · August 26, 2026
Magna to Host Investor Day on November 11, 2026
AURORA, Ontario, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (NYSE:MGA; TSX:MG) will host its 2026 Investor Day in New York City on Wednesday, November 11, beginning at 9 a.m. ET. The event will feature presentations by Swamy Kotagiri, President and Chief Executive Officer, Philip Fracassa, Executive Vice-President and Chief Financial Officer, and other members of the Magna leadership team. A question-and-answer session will follow the presentations.
By Magna International Inc. · Via GlobeNewswire · November 2, 2026
Magna International: 3 Key Takeaways for Long-Term Investorsfool.com
Magna International's flexible manufacturing and cost discipline are protecting margins even as production volumes stay weak.
Via The Motley Fool · November 2, 2026
What Magna International (MGA) Said on Its Q3 Earnings Callmarketbeat.com
Magna International (NYSE:MGA) reported third-quarter fiscal 2026 results that exceeded its expectations, as margin expansion, operational improvements and commercial recoveries helped offset lower vehicle production and sales declines tied partly to divestitures.
Sales fell 4% year over year to $1
Via MarketBeat · October 30, 2026
Magna International (NYSE:MGA): A Decent Value Stock With a P/E of 10chartmill.com
Via Chartmill · July 14, 2026
Magna International Inc. (NYSE:MGA) Shows Promising Technical Breakout Setupchartmill.com
Via Chartmill · July 9, 2026
Magna International Inc (NYSE:MGA): A balanced dividend play with solid fundamentalschartmill.com
Via Chartmill · June 26, 2026
Magna International Inc (NYSE:MGA) Scores Perfect Technical Rating as Breakout Setup Emergeschartmill.com
Via Chartmill · June 18, 2026
Magna (MGA) Q3 2026 Earnings Call Transcriptfool.com
Margins expanded despite lower sales, driven by operational excellence and EV recoveries.
Via The Motley Fool · October 30, 2026
Magna Announces Strong Third Quarter Results
Highlights(1)
By Magna International Inc. · Via GlobeNewswire · October 30, 2026
Magna International Inc. Announces Date For Third Quarter 2026 Results Webcast
AURORA, Ontario, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
By Magna International Inc. · Via GlobeNewswire · October 8, 2026
Magna International Sees Margin Growth, Cash Flow Gains Despite Flat Auto Productionmarketbeat.com
Magna International (NYSE:MGA) said it remains on track to expand margins and grow earnings despite a relatively flat vehicle-production environment, with management emphasizing operational improvements, stronger free cash flow and increased capital returns as key drivers of its strategy.
Speaking
Via MarketBeat · September 24, 2026
Magna Sees Margin Expansion, 20% EPS Growth Despite Flat Auto Productionmarketbeat.com
Magna International (NYSE:MGA) said it expects continued margin expansion, earnings growth and free-cash-flow generation despite what Chief Financial Officer Phil Fracassa characterized as a “flattish” industry production environment.
Speaking at a JPMorgan conference, Fracassa said the company’s s
Via MarketBeat · August 20, 2026
Magna (MGA) Q2 2026 Earnings Call Transcriptfool.com
Adjusted EPS jumped 29% as operational excellence and tariff benefits expanded margins.
Via The Motley Fool · August 7, 2026
Magna International Q2 Earnings Call Highlightsmarketbeat.com
Magna International (NYSE:MGA) reported stronger second-quarter results for 2026, citing operational improvements, margin expansion and cash generation that led the automotive supplier to raise its full-year outlook.
Sales rose 3% year over year to $11 billion in the quarter, while adjusted EBIT in
Via MarketBeat · July 31, 2026
Magna Announces Strong Second Quarter Results; Raises Outlook for 2026
Highlights(1)
By Magna International Inc. · Via GlobeNewswire · July 31, 2026
Magna Secures 800V eDrive Program Award With Chery
AURORA, Ontario, July 28, 2026 (GLOBE NEWSWIRE) -- Magna today announced it has secured an 800-volt electric drive (eDrive) program award with Chery, marking a key milestone in the company’s advanced electrification strategy in China. The program will be produced at Magna’s new Wuhu facility, reinforcing the company’s ability to bring next generation electric drive technologies into localized production for leading Chinese OEMs.
By Magna International Inc. · Via GlobeNewswire · July 28, 2026
Magna International Inc. Announces Date for Second Quarter 2026 Results Webcast
AURORA, Ontario, June 22, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
By Magna International Inc. · Via GlobeNewswire · June 22, 2026