Magna International

MGA

Market cap $15.4B

MGA eyes strong 2026 free cash flow to fund share buybacks, cut leverage below 1.5x and sustain long-term capital flexibility.

MGA emerges ahead of LEA as diversified growth, margin gains, and exposure to ADAS and electrification tilt the edge in the auto supplier showdown.

AURORA, Ontario, April 13, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA INTERNATIONAL INC. ANNOUNCES DATE FOR FIRST QUARTER 2026 RESULTS WEBCAST FRIDAY, MAY 1, 2026 @ 8:00 AM ET LIVE AUDIO WEBCAST Webcast registration: https://events.q4inc.com/attendee/900636883       DIAL-IN DETAILS Participant Toll-Free Dial-In:   1-800-715-9871 Participant Toll Dial-In:   1-646-307-1963 Conference ID:   9829976 Slide presentation will be available on our website Investors | Magna prior to the call       REBROADCAST INFORMATION Replay available 2 hours after the call until May 8, 2026 Toll-Free Dial-In:   1-800-770-2030 Toll Dial-In:   1-609-800-9909 Conference ID:   9829976       INVESTOR CONTACT Louis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com 905-726-7035 WEBCAST CONTACT Nancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com 905-726-7108 ABOUT MAGNA INTERNATIONAL Magna is one of the world's largest automotive suppliers and a trusted partner to automakers in the industry's most critical markets—North America, Europe, and China.

MGA's seating segment stays resilient despite program shifts, with strong margins, BEV supplier position and performance set to normalize into 2026.

MGA's planned divestment of its Lighting and Rooftop units won't alter its 2026 EPS outlook, even as deals close in the second half of the year.

Definitive agreements signed to divest Lighting and Rooftop Systems businesses Businesses generated approximately $1.1 billion in combined global sales in 2025 Transactions expected to close in the second half of 2026   AURORA, Ontario, April 09, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into definitive agreements to divest its Lighting business through two separate transactions, as well as its Rooftop Systems business in a third transaction. A global investment firm will acquire the Lighting operations serving front and rear lighting programs in North America, South America and China.

The trend of positive EPS revisions suggests these highly ranked dividend stocks may be positioned for further gains.

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MGA stock surges 61% in a year, but strong backlog, ADAS growth and margin gains suggest more upside ahead.

MGA's margin push gains traction as cost cuts, automation and restructuring lift EBIT, with 2026 guidance signaling further expansion ahead.