Magna International Inc

More Details of Magna International Inc Company

Magna International Inc. is a Canada-based mobility technology company. The Company is a supplier in automotive space, specializing in body and chassis, all-wheel drive/front-wheel-drive, transmissions, latches, mirrors and contract vehicle assembly. Its segments include Body Exteriors & Structures, Power & Vision, Seating Systems and Complete Vehicles. The Company's major product portfolio includes seating, mechatronics, electronics, body & chassis exteriors, mirrors, lighting, powertrain, and complete vehicle. Its products include battery enclosures, body-in-white solutions, chassis systems, ADAS and automated driving, control modules, active aerodynamics, exterior systems and modules, lighting, mechatronics, mirrors, electrified powertrain products, complete vehicle engineering and others. Its global network includes approximately 341 manufacturing operations and 106 product development, engineering and sales centers spanning 28 countries.

Company Info

Ticker SymbolMGA

Company nameMagna International Inc

IPO dateAug 24, 1984

Founded at1961

CEOMr. Seetarama S. (Swamy) Kotagiri

Number of employees- -

Security typeOrdinary Share

Fiscal year-endAug 24

Address337 Magna Drive

CityAURORA

Stock exchangeThe Toronto Stock Exchange

CountryCanada

Postal codeL4G 7K1

Phone19057262462

Websitehttps://www.magna.com/

Ticker SymbolMGA

IPO dateAug 24, 1984

Founded at1961

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Matteo Del Sorbo

Executive Vice President - Magna New Mobility

30.09K

+4.70%

Mr. Boris Shulkin

Executive Vice President, Chief Digital & Information Officer

10.37K

+24.91%

Ms. Mary Lou Maher

Independent Director

3.10K

--

Mr. Peter Sklar, CPA

Independent Director

--

Mr. John H. Farrell

Chief Operating Officer, Executive Vice President

--

Mr. Robert F. Maclellan, CPA

Independent Chairman of the Board

--

Mr. Patrick W.D. Mccann

Chief Financial Officer, Executive Vice President

--

Hon. V. Peter Harder, LL.D.

Independent Director

--

Mr. Eric J. Wilds

Executive Vice President, Chief Strategy & Commercial Officer

--

Ms. Jan R. Hauser, CPA

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Matteo Del Sorbo

Executive Vice President - Magna New Mobility

30.09K

+4.70%

Mr. Boris Shulkin

Executive Vice President, Chief Digital & Information Officer

10.37K

+24.91%

Ms. Mary Lou Maher

Independent Director

3.10K

--

Mr. Peter Sklar, CPA

Independent Director

--

Mr. John H. Farrell

Chief Operating Officer, Executive Vice President

--

Mr. Robert F. Maclellan, CPA

Independent Chairman of the Board

--

Revenue Breakdown

Currency: USDUpdated: Sun, Apr 6

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

No Data

By RegionUSD

Name

Revenue

Proportion

United States

10.93B

25.51%

Austria

6.38B

14.90%

China

5.56B

12.99%

Mexico

5.37B

12.53%

Canada

4.32B

10.09%

Other

10.28B

23.99%

By Business

By Region

No Data

Shareholding Stats

Updated: Sun, Jun 1

Shareholders

Shareholder Types

Shareholders

Proportion

Pzena Investment Management, LLC

10.10%

Magna Deferred Profit Sharing Plan

5.73%

Hotchkis and Wiley Capital Management, LLC

4.47%

The Vanguard Group, Inc.

4.00%

Lazard Asset Management, L.L.C.

3.50%

Other

72.22%

Shareholders

Proportion

Pzena Investment Management, LLC

10.10%

Magna Deferred Profit Sharing Plan

5.73%

Hotchkis and Wiley Capital Management, LLC

4.47%

The Vanguard Group, Inc.

4.00%

Lazard Asset Management, L.L.C.

3.50%

Other

72.22%

Shareholder Types

Shareholders

Proportion

Investment Advisor

34.24%

Investment Advisor/Hedge Fund

30.66%

Research Firm

6.94%

Corporation

5.73%

Bank and Trust

2.48%

Sovereign Wealth Fund

1.30%

Pension Fund

1.24%

Hedge Fund

1.16%

Individual Investor

0.38%

Other

15.87%

Institutional Shareholding

Updated: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1009

246.64M

87.18%

-7.37M

2024Q4

1044

241.96M

85.41%

-15.07M

2024Q3

1037

249.05M

86.82%

-6.58M

2024Q2

1055

233.74M

81.61%

-6.05M

2024Q1

1074

233.49M

81.51%

-7.59M

2023Q4

1116

235.16M

82.11%

+6.28M

2023Q3

1129

231.22M

80.76%

+4.10M

2023Q2

1185

227.18M

79.39%

-1.77M

2023Q1

1203

226.16M

79.03%

-441.74K

2022Q4

1210

208.56M

72.90%

-10.31M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

Pzena Investment Management, LLC

28.29M

10%

+1.28M

+4.76%

Jan 31, 2025

Magna Deferred Profit Sharing Plan

17.47M

6.18%

+224.77K

+1.30%

Mar 27, 2024

Hotchkis and Wiley Capital Management, LLC

11.88M

4.2%

+167.64K

+1.43%

Dec 31, 2024

The Vanguard Group, Inc.

11.05M

3.91%

+191.27K

+1.76%

Dec 31, 2024

Lazard Asset Management, L.L.C.

9.47M

3.35%

--

Feb 28, 2025

Harris Associates L.P.

7.05M

2.49%

-12.93K

-0.18%

Dec 31, 2024

ACR Alpine Capital Research, LLC

5.54M

1.96%

-96.24K

-1.71%

Dec 31, 2024

Beutel, Goodman & Company Ltd.

7.78M

2.75%

-803.72K

-9.36%

Dec 31, 2024

T. Rowe Price International Ltd

6.30M

2.23%

+51.83K

+0.83%

Dec 31, 2024

Related ETFs

Updated: Fri, Jun 6

Name

Proportion

Invesco International Dividend Achievers ETF

3.26%

First Trust S&P International Dividend Aristocrats ETF

1.08%

Eventide US Market ETF

0.8%

SPDR S&P Global Dividend ETF

0.79%

Distillate International Fundmntl Stblty & Val ETF

0.69%

First Trust S-Network Future Vehicles & Tech ETF

0.53%

ARK Autonomous Technology & Robotics ETF

0.52%

Gotham 1000 Value ETF

0.49%

First Trust Nasdaq AI and Robotics ETF

0.48%

Franklin FTSE Canada ETF

0.48%

Invesco International Dividend Achievers ETF

Proportion3.26%

First Trust S&P International Dividend Aristocrats ETF

Proportion1.08%

Eventide US Market ETF

Proportion0.8%

SPDR S&P Global Dividend ETF

Proportion0.79%

Distillate International Fundmntl Stblty & Val ETF

Proportion0.69%

First Trust S-Network Future Vehicles & Tech ETF

Proportion0.53%

ARK Autonomous Technology & Robotics ETF

Proportion0.52%

Gotham 1000 Value ETF

Proportion0.49%

First Trust Nasdaq AI and Robotics ETF

Proportion0.48%

Franklin FTSE Canada ETF

Proportion0.48%

Dividend

A total of 2.56B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 14, 2025

MGA.NB Interim Cash Dividend of gross USD 0.485 paid on Mar 14, 2025 going ex on Feb 28, 2025

Feb 28, 2025

Mar 14, 2025

Feb 28, 2025

Nov 01, 2024

MGA.NB Final Cash Dividend of gross USD 0.475 paid on Nov 29, 2024 going ex on Nov 15, 2024

Nov 15, 2024

Nov 29, 2024

Nov 15, 2024

Aug 02, 2024

MGA.NB Interim Cash Dividend of gross USD 0.475 paid on Aug 30, 2024 going ex on Aug 16, 2024

Aug 16, 2024

Aug 30, 2024

Aug 16, 2024

May 06, 2024

MGA.NB Interim Cash Dividend of gross USD 0.475 paid on May 31, 2024 going ex on May 16, 2024

May 17, 2024

May 31, 2024

May 16, 2024

Feb 09, 2024

MGA.NB Interim Cash Dividend of gross USD 0.475 paid on Mar 08, 2024 going ex on Feb 22, 2024

Feb 23, 2024

Mar 08, 2024

Feb 22, 2024

Nov 03, 2023

MGA.NB Final Cash Dividend of gross USD 0.46 paid on Dec 01, 2023 going ex on Nov 16, 2023

Nov 17, 2023

Dec 01, 2023

Nov 16, 2023

Aug 04, 2023

MGA.NB Interim Cash Dividend of gross USD 0.46 paid on Sep 01, 2023 going ex on Aug 17, 2023

Aug 18, 2023

Sep 01, 2023

Aug 17, 2023

May 05, 2023

MGA.NB Interim Cash Dividend of gross USD 0.46 paid on Jun 02, 2023 going ex on May 18, 2023

May 19, 2023

Jun 02, 2023

May 18, 2023

Feb 10, 2023

MGA.NB Interim Cash Dividend of gross USD 0.46 paid on Mar 10, 2023 going ex on Feb 23, 2023

Feb 24, 2023

Mar 10, 2023

Feb 23, 2023

Nov 04, 2022

MGA.NB Final Cash Dividend of gross USD 0.45 paid on Dec 02, 2022 going ex on Nov 17, 2022

Nov 18, 2022

Dec 02, 2022

Nov 17, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

38.045USD

Magna International Inc

38.045

Overview

Company