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Martinrea International Inc. Announces TSX Approval of Normal Course Issuer Bid

Provided By GlobeNewswire

Last update: Apr 29, 2024

TORONTO, April 29, 2024 (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 6,435,000 common shares (“Shares”) over a 12-month period, representing approximately 10% of the public float of the Shares currently outstanding.

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