Magna International Targets $48 Billion in Sales by 2030, Plans Major Share Buyback

Résumé détaillé

Magna International (NYSE:MGA) outlined targets for higher sales, margins and cash flow through 2030 at its investor day, and said it intends to complete a new share repurchase authorization of almost 26 million shares over the next 12 months. The automotive supplier’s plan assumes global light veh