Magna International Inc. Stock News

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...

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 leade...

Highlights (1) Delivered strong third-quarter 2026 results, reflecting continued productivity improvements and disciplined execution. Sales decreased 4% to $10.1 billion, reflecting lower light vehicle production and impact of divestitures Income from operations before income taxes increased 17% to $552 million Adjusted EBIT increased 11% to $683 million, with Adjusted EBIT margin expanding 90 ...

Highlights (1) Delivered strong second-quarter 2026 results, reflecting profitable sales growth, continued productivity improvements and disciplined execution. Sales increased 3% to $11.0 billion, outperforming a 2% decline in global light vehicle production Income from operations before income taxes increased 21% to $599 million Adjusted EBIT increased 16% to $677 million, with Adjusted EBIT m...

New 250kW 800V 2-speed eDrive program award highlights Magna's advanced electrification capabilities Program to be produced at Magna's new Wuhu facility, supporting localized execution in China Momentum continues with dedicated hybrid drive system now in series production with Chery on the Jetour G700 AURORA, Ontario, July 28, 2026 (GLOBE NEWSWIRE) -- Magna today announced it has secured an 800...

NEW YORK--(BUSINESS WIRE)--Cover Whale Insurance Solutions LLC, a technology-enabled commercial transportation Managing General Agent (MGA), today announced the launch of Breakwater Markets, a digital wholesale brokerage focused on transportation risks, alongside the appointment of Roman Atkielski as Executive Vice President, Brokerage. The move expands Cover Whale's core programs, giving retai...