Vince Galifi, Magna’s Chief Financial Officer
“We remain confident in our cash flow expectations, despite somewhat softer global vehicle production. Over the past eight years we have returned over $9.8 billion to shareholders, including through the repurchase of our shares for $7.3 billion. Our new NCIB provides flexibility to repurchase additional shares over the next year.” - Vince Galifi, Magna’s Chief Financial Officer
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Magna International Inc.