Magna plans to buy back nearly 26 million shares over next 12 months
MGA•Magna International renewed its share-repurchase authorization in November 2026, targeting nearly 26 million shares over 12 months. It completed its prior authorization by repurchasing more than 25 million shares over the past 12 months.
1. Repurchase authorization renewed
Magna International renewed its normal course issuer bid in November 2026, targeting repurchases of nearly 26 million shares over the next 12 months. The prior authorization, approved in November 2025, was completed with more than 25 million shares repurchased over the past 12 months.
