Magna International Inc.- MG.t

Magna International Inc.- MG.t is a global automotive supplier headquartered in Aurora, Ontario, Canada. In 2015 it was the largest automobile parts manufacturer in North America by sales of original equipment parts, and one of Canada's largest companies.

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Technical Analysis for MG by TradingView

On August 8, 2019 the company released numbers

Sales of $10.1 billion decreased 1%, compared to global light vehicle production down 6%

Excluding foreign currency translation and divestitures net of acquisitions, sales up 5% with each segment outpacing global light vehicle production

Cash provided from operating activities of $920 million

Returned $519 million to shareholders through share repurchases and dividends

Outlook largely unchanged