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Magna International Inc(MG-T)
TSX

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Day Low73.19
Day High74.13
Open:73.71
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Baystreet
Stocks in play: Magna International Inc.
GlobeNewswire
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Baystreet
Stocks in play: Magna International Inc.

Profile

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.