Magna International (TSE:MG) has released an update.
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Magna International reported third-quarter 2024 sales of $10.3 billion, in line with a 4% decrease in global light vehicle production. The company’s diluted earnings per share rose to $1.68, reflecting deferred revenue recognition, while they also announced a plan to repurchase up to 10% of their common shares.
For further insights into TSE:MG stock, check out TipRanks’ Stock Analysis page.
