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Martinrea International Inc. Announces TSX Approval of Normal Course Issuer Bid
Globenewswire· 2025-05-23 20:30
TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX: MRE) (“Martinrea” or the “Company”), today announced that it has filed with the Toronto Stock Exchange (the “TSX”), and the TSX has accepted, its notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, Martinrea is entitled to purchase for cancellation up to 7,110,571 common shares (“Shares”) over a 12-month period, representing approximately 10% of the public float, being 71,105,709 of the Shares ...
Martinrea International Inc. Reports First Quarter Results and Declares Dividend
Globenewswire· 2025-05-02 05:01
TORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2025, and declared a quarterly cash dividend of $0.05 per share. FIRST-QUARTER HIGHLIGHTS Total sales of $1,168.2 million, production sales of $1,125.7 millio ...