US stock futures flounder amid tech weakness, Fed caution
Magna International Inc. (NYSE:MGA) announced its interim unaudited financial results for the first quarter ended March 31, 2025, today. The automotive supplier also declared a quarterly dividend, as detailed in a recent filing with the U.S. Securities and Exchange Commission (SEC).
The company, listed under the Motor Vehicle Parts & Accessories industry (SIC code 3714), is headquartered in Aurora, Ontario, Canada. Magna has not specified the amount of the dividend in the SEC filing.
The report, submitted on a Form 6-K, complies with the rules of the Securities Exchange Act of 1934. The filing indicates that Magna International will continue to file annual reports under Form 40-F, which is used by certain Canadian issuers of securities in the U.S.
This financial disclosure comes alongside the submission of several exhibits, including a press release issued on May 2, 2025, and the First Quarter Report, which contains the company’s unaudited interim consolidated financial statements and Management’s Discussion and Analysis of Results of Operations and Financial Position.
Additional exhibits filed include certifications by the Chief Executive Officer, Seetarama (Swamy) Kotagiri, and the Chief Financial Officer, Patrick W.D. McCann. These certifications are in accordance with the Canadian Securities Administrators’ Multilateral Instrument 52-109, affirming the accuracy of the financial disclosures.
The filing was signed by Vice-President, Associate General Counsel, and Corporate Secretary Bassem A. Shakeel, indicating the company’s authorization and commitment to the accuracy of the information provided.
Investors and stakeholders can refer to the full SEC filing for a detailed insight into Magna International’s financial performance during the first quarter of 2025. The announcement of the quarterly dividend is likely to be of particular interest to shareholders, as it reflects the company’s financial health and commitment to returning value to its investors.
This news is based on the press release statement included in the SEC filing by Magna International Inc (TSX:MG).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.