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Magna International NYSE: MGA-N

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TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

Globe Newswire - Wed Nov 10, 2021

AURORA, Ontario, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 29,948,000 Magna Common Shares (the "Bid"), representing approximately 10% of its public float. As at November 1, 2021, Magna had 300,752,976 issued and outstanding Common Shares, including a public float of 299,481,694 Common Shares.

Read more at globenewswire.com

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