Magna Plans New Buyback Of Up To 25.8M Shares, ~10% Of Public Float
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Why It Matters
Magna said it will buy back about 10% of its own shares. This shows the company thinks its stock is fairly priced right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.