Investors
Welcome to the Magna Investors’ home page.
Magna is a leading global supplier of technologically advanced automotive
components, systems and modules. We are ranked by Automotive News as the world's fourth largest auto parts supplier on fiscal 2006 global OEM parts revenues.
Our entrepreneurial culture,
manufacturing expertise, and our
commitment to the development of innovative
automotive products, have resulted in a strong track record of growth.
We have had 24 consecutive years of sales increases and a 19 percent compound average growth rate in sales since 1996.
We invite you to learn more about our performance and strategic direction by
exploring this section of our Web site.
Substantial Issuer Bid - Paid-Up Capital
Please refer to the section entitled "9. INCOME TAX CONSEQUENCES" of our Offer to Purchase and Circular dated August 13, 2007, as amended by the Notice of Variation dated September 6, 2007 (collectively, the "SIB Circular") for a complete description of income tax consequences to shareholders participating in our substantial issuer bid. Any terms used in this section which are denoted with an initial capital letter but are not defined in this section have the meaning given to such term in the SIB Circular.
The paid-up capital per Magna Class A Subordinate Voting Share on the Expiration Date was Cdn.$41.68. Based on the Bank of Canada noon rate on September 25, 2007 of U.S.$1.00 equals Cdn.$1.0010, the U.S. equivalent is U.S.$41.64.
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