AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the “Prior NCIB”) and the Toronto Stock Exchange (“TSX”) has accepted its Notice of Intention to establish a new Normal Course Issuer Bid (the… Continue reading Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
Author: GlobeNews Newswire
CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN THE FULL YEAR GUIDANCE
Net revenues of Euro 1,644 million, up 6.5% versus prior year, with total shipments of 3,383 units Adjusted EBIT(1) of Euro 467 million, up 10.3% versus prior year, with adjusted EBIT(1) margin of 28.4% Adjusted net profit(1) of Euro 375 million and adjusted diluted EPS(1) at Euro 2.08 Adjusted EBITDA(1) of Euro 638 million, up… Continue reading CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN THE FULL YEAR GUIDANCE
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), November 4, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Magna Announces Third Quarter 2024 Results
Sales of $10.3 billion decreased in-line with the 4% reduction in global light vehicle production Diluted earnings per share were $1.68, up $0.31, largely reflecting recognition of Fisker deferred revenue Adjusted diluted earnings per share were $1.28, down $0.18, including $0.10 due to a higher income tax rate Normal Course Issuer Bid to purchase up… Continue reading Magna Announces Third Quarter 2024 Results
Kongsberg Automotive announces cost adjustment initiatives and updates 2024 guidance
Kongsberg, October 31, 2024: Kongsberg Automotive (KA) announces new initiatives to adjust costs, maintain efficiency and enhance competitiveness in response to lower near-term customer demand. The initiatives support delivery on KA’s long-term financial ambitions while proactively addressing the impact of uncertain market conditions and changes to customer demand, which are reflected in an updated financial… Continue reading Kongsberg Automotive announces cost adjustment initiatives and updates 2024 guidance
Reminder: Invitation to Kongsberg Automotive’s Q3 2024 Earnings Call
Kongsberg, October 30, 2024: Kongsberg Automotive (KA) will release its Q3 results on Tuesday, November 5, 2024 at approximately 07:00 CET. President & CEO Linda Nyquist-Evenrud and CFO Christian Johansson will present the results during a webcast at 09:00 CET and will host a Q&A session after the presentation. The event is open to the… Continue reading Reminder: Invitation to Kongsberg Automotive’s Q3 2024 Earnings Call
Renault SA – Disclosure of trading in own shares from October 25 to October 29, 2024
Press ReleaseOctober 30, 2024 Renault S.A.: disclosure of trading in own shares from October 25 to October 29, 2024 Boulogne-Billancourt, France, October 30, 2024 Pursuant to applicable law on share buyback, Renault S.A. declares the following buyback of its own shares from October 25 to October 29, 2024. Aggregated information (by date and… Continue reading Renault SA – Disclosure of trading in own shares from October 25 to October 29, 2024
Renault SA – Communiqué de presse – Déclaration des rachats d’actions du 25 au 29 octobre 2024
Communiqué de presse30 octobre 2024 Renault S.A. : déclaration des transactions sur actions propres réalisées du 25 octobre au 29 octobre 2024 Boulogne-Billancourt, le 30 octobre 2024 Conformément à la règlementation applicable relative aux rachats d’actions, Renault S.A. déclare ci-après les rachats d’actions réalisés du 25 octobre au 29 octobre 2024. Information agrégée… Continue reading Renault SA – Communiqué de presse – Déclaration des rachats d’actions du 25 au 29 octobre 2024
HERE Navigation Powers Connected Driving Experience in Dacia’s All-New Duster and New Spring
HERE Navigation provides a connected in-car navigation solution with a seamless user experience integrated into the digital cockpit. Over-the-air updates ensure Dacia All-New Duster and New Spring drivers have access to the latest map and service updates for a premium driving experience. HERE Technologies, the leading location data and technology platform, today announced that Dacia,… Continue reading HERE Navigation Powers Connected Driving Experience in Dacia’s All-New Duster and New Spring
Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM
First high-volume contract award for new product supports various vehicle models globally with ICE transmissions New modular Dual Clutch Transmission enables seamless hybrid transition on the same vehicle platform with minor changes Efficient and compact design with optimized torque-to-weight ratio results in lower CO² emissions, contributing to a cleaner future AURORA, Ontario, Oct. 29, 2024… Continue reading Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM