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MGA

Magna International Inc.

NYSE · Consumer Cyclical · Auto - Parts · CA

$68.87
+2.65%
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  • Sep 4, 2026, 13:30 UTC

    Scotiabank strategist Hugo Ste-Marie made three changes to the Strategic Edge Portfolio, removing ATS in Industrials, trimming MG in Discretionary, and adding to FM in Materials and Cash.

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  • Sep 1, 2026, 05:00 UTC

    Magna increased its majority stake in Indian battery-swapping firm Yuma Energy with an additional $35 million investment, bringing its total investment to $87 million.

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  • Aug 12, 2026, 04:30 UTC

    India's electric mobility startup Yulu raised $93 million in a Series C round, comprising $63 million in equity led by GEF Capital Partners and $30 million in debt financing, to expand its fleet to 200,000 bikes and launch faster electric two-wheelers.

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  • Aug 5, 2026, 19:45 UTC

    Magna International insider Bruce Cluney sold 5,000 shares of the company's stock on August 3, 2026, at an average price of C$95.22, totaling C$476,100.00.

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  • Aug 4, 2026, 20:15 UTC

    Magna International Inc.'s share price reached a new 52-week high during mid-day trading on Tuesday after Scotiabank raised its price target from $74.00 to $78.00.

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  • Jul 31, 2026, 09:12 UTC

    Magna International Inc. reported second-quarter earnings of $469 million, or $1.72 per share, with adjusted earnings of $1.86 per share and revenue of $10.98 billion, beating analyst expectations.

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  • Jul 30, 2026, 18:30 UTC

    Insider Tom Rucker Joerg sold 39,210 shares of Magna International stock on June 2, 2026.

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  • Jul 30, 2026, 18:30 UTC

    Magna International declared a quarterly dividend of $0.495 per share, paid on May 29, 2026.

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  • Jul 30, 2026, 16:15 UTC

    Magna International Inc. announced the introduction of a new 250kW 800V 2-speed eDrive program, highlighting its advanced electrification capabilities, to be produced at its new Wuhu facility in China.

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  • Jul 29, 2026, 06:43 UTC

    Jinbei Automobile and Mengdachi Automotive Systems (Tianjin) jointly established a new automotive parts company, Shenyang Jinbei Mengdachi Automotive Parts Co., Ltd., with a registered capital of approximately 17.65 million yuan.

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  • Jul 28, 2026, 12:00 UTC

    Magna International secured an 800-volt electric drive program award with Chery, to be produced at Magna's new Wuhu facility in China.

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  • Jul 1, 2026, 17:30 UTC

    Amaneos, part of Mutares, completed its acquisition of Magna's European automotive lighting business.

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  • Jun 30, 2026, 15:00 UTC

    Magna AI and Emaar Executive Company have formed a strategic collaboration to develop sovereign AI data center infrastructure in Saudi Arabia.

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