Magna International Files 6-K Report

Ticker: MGA · Form: 6-K · Filed: 2024-08-02T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, 6-k, corporate-update

Related Tickers: MGA

TL;DR

Magna Intl (MGA) filed a 6-K on Aug 2 for Q2 2024. Standard update.

AI Summary

Magna International Inc. filed a Form 6-K on August 2, 2024, reporting for the period ending June 30, 2024. The filing includes information related to its operations and corporate governance as a foreign private issuer. Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary, signed the report on behalf of the company.

Why It Matters

This filing provides an update on Magna International's ongoing operations and regulatory disclosures, which is important for investors tracking the company's performance and compliance.

Risk Assessment

Risk Level: low — This is a routine periodic filing (6-K) that typically contains updates on corporate matters and does not usually introduce new material financial or strategic information.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is a report of foreign private issuers required to be filed with the SEC to provide information that the company has made or is required to make public pursuant to the laws of its home country or that it has filed or will file with a stock exchange.

Who signed the Form 6-K filing for Magna International Inc.?

The Form 6-K was signed by Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary.

What is Magna International Inc.'s principal executive office address?

Magna International Inc.'s principal executive office is located at 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1.

What is the SEC file number for Magna International Inc.?

The SEC file number for Magna International Inc. is 001-11444.

For which reporting period is this Form 6-K filed?

This Form 6-K reports for the period ending June 30, 2024.

From the Filing

0001104659-24-085046.txt : 20240802 0001104659-24-085046.hdr.sgml : 20240802 20240802060155 ACCESSION NUMBER: 0001104659-24-085046 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 35 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNA INTERNATIONAL INC CENTRAL INDEX KEY: 0000749098 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11444 FILM NUMBER: 241168709 BUSINESS ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 BUSINESS PHONE: 9057262462 MAIL ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 6-K 1 tm2419691d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of August 2024 Commission File Number 001-11444 MAGNA INTERNATIONAL INC. (Exact Name of Registrant as specified in its Charter) 337 Magna Drive , Aurora, Ontario, Canada L4G 7K1 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.                   Form 20-F ¨ Form 40-F x SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MAGNA INTERNATIONAL INC. (Registrant) Date: August 2, 2024 By: /s/ “Bassem Shakeel” Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary EXHIBITS Exhibit 99.1 Press release issued August 2, 2024, in which the Registrant announced its interim unaudited financial results for the three-month and six-month periods ended June 30, 2024, and declared a quarterly dividend. Exhibit 99.2 The Second Quarter Report of the Registrant, including its unaudited interim consolidated financial statements and Management's Discussion and Analysis of Results of Operations and Financial Position for the period ended June 30, 2024. Exhibit 99.3 Certificate of the Chief Executive Officer of the Registrant, Seetarama (Swamy) Kotagiri, dated August 2, 2024, on Form 52-109F2 pursuant to the Canadian Securities Administrators' Multilateral Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. Exhibit 99.4 Certificate of the Chief Financial Officer of the Registrant, Patrick W.D. McCann, dated August 2, 2024, on Form 52-109F2 pursuant to the Canadian Securities Administrators' Multilateral Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. EX-99.1 2 tm2419691d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE MAGNA ANNOUNCES SECOND QUARTER 2024 RESULTS · Sales of $11.0 billion were level with Q2, 2023, compared to a 2% increase in global light vehicle production · Diluted earnings per share and Adjusted diluted earnings per share were $1.09 and $1.35, respectively · Paid dividends of $134 million · 2024 outlook for Total Sales largely unchanged, Adjusted EBIT Margin range narrowed to 5.4% to 5.8% AURORA, Ontario, August 2, 2024 — Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2024. THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30, 2024 2023 2024 2023 Reported Sales $ 10,958 $ 10,982 $ 21,928 $ 21,655 Income from operations before income taxes $ 427 $ 483 $ 461 $ 758 Net income attributable to Magna International Inc. $ 313 $ 339 $ 322 $ 548 Diluted earnings per share $ 1

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