Magna International Inc. designs, engineers and manufactures components, assemblies, systems, subsystems and modules for vehicle and light truck original equipment manufacturers worldwide. The company operates through four segments: Body Structures and Exteriors, Power and Vision, Seating Systems and Complete Vehicles. Its Body Structures and Exteriors segment offers body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trim, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products and side doors; and roof systems, such as modular and textile retractable roofs, and hard and soft roofs. The segment Power & The company’s Vision offers dedicated hybrids, dual and e-clutch, and manual transmissions; engine transmission plates and accessories; AWD/4WD products, rear drive modules and hybrid and battery electric drive systems; transmission, engine and transmission components; advanced driver assistance systems, camera systems, ultrasonic sensors and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; front, rear and fog lights; signage and other lighting products; and latch systems, door modules, window systems, power closing systems, hinges and cable formers, and handle assemblies. Its seating systems segment offers seating structures, mechanisms and hardware solutions, and foam products and moldings. The company’s complete vehicle segment offers vehicle engineering and manufacturing services. It also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
How to buy Magna International (MG.TO) shares, Tutorial in Spanish
Are you interested in acquiring Magna International (MG.TO) shares in Toronto easily and through a regulated and recognized broker? Do you like the fact that you can invest your profits for the month and get capital gains in the stock market? In this tutorial I am going to show you how you can register an account with DeGiro , a regulated Dutch investment broker with minimum commissions, and how you will be able to buy your first share of the company Magna International Inc. (MG.TO) (MG .TO) quickly and easily.
What we will do is intuitive :
- To begin, we will register a degiro account, a broker platform in which we will acquire shares of the company Magna International Inc. (MG.TO) with the ticker (MG.TO).
- Secondly, we will transfer funds to be able to make our 1st investment in the stock market.
- When we visualize the funds we must locate the company Magna International using the TICKER, that is MG.TO.
- Then we must indicate the number of shares that we will buy, the value and the type of order.
Perhaps the tutorial has been too basic for you, so let’s see the purchase process with images of each part.
How to register with DEGIRO
The first thing is to register in DEGIRO from this link :
It will require an email, a username and a pin code to access, and then we must continue with the link that they have sent us by mail.
Now Degiro is going to ask us for some information of interest in order to certify our documentation . We must have in hand the passport, ID or driver’s license, the cell phone and the bank account number that we are going to place to make our 1st deposit. If you don’t know how this format is, you can review this simple tutorial article that we elaborated in Educacep .
Once our account is authorized, we can enter money from the Enter/Withdraw tab. We have the possibility of proceeding to carry out a transaction that will take between two to three days, or make the deposit instantly using Sofort, a totally secure and 100% reliable payment gateway.
How to buy Magna International (MG.TO) shares through DEGIRO
The moment we have the capital we can get our 1st share. You can use the «Place Order» button in the right corner or use Degiro’s search engine and paste the ticker. In the next screenshot you will find that I have put the Amazon ticker but you have to put (MG.TO), the Magna International ticker. As we are talking about an action, we will discover that the related tickers are listed and there we will see Magna International. The essential thing is that the ticker, the name of the company and the market in which it is listed coincide. Amazon is listed on Nasdaq (NDQ) and in your case Magna International Inc. (MG.TO) is listed in Toronto. This step is very essential so do not get confused.
At the time of placing the order we will have to pay special attention to what I will explain to you . We can proceed to place a limit or market order. Consider that you plan to buy a share of Magna International at 120.99, but its price today is too prominent. With a limit order we are going to put the value at which we want to execute the acquisition and until there are no shares for sale at this price, the purchase of the share will not be made. With a market order, you will buy the number of shares that we have proposed at the actual selling price, which would be very similar to the actual quoted price.
In any circumstance it is very convenient that you look at the type of order: fixed or of the day . For example, in Spain, the stock market is in the morning and until 1:00 p.m., and in the US it corresponds to the afternoon schedule in Spain. If the order is permanent, it will be up to the point where it is executed, but if you choose the «of the day» option, at the time the trading day ends, if it had not been executed, it will be deleted from your tab from Activity – Orders in process.
I hope that this short article has helped you to buy shares in Magna International. Thank you very much.
|Name||Title||Payment||exercised||Year of birth|
|Mr Seetarama Swamy Kotagiri||CEO, President and Director||1.88 million||N/A||N/A|
|Mr. Vincent Joseph Galifi B.Com., CA||Executive Vice President and Chief Financial Officer||2.12 million||N/A||1960|
|Mr. Tommy J. Skudutis||Executive Vice President and Chief Operating Officer||2.08 million||N/A||N/A|
|Mr. Guenther F. Apfalter||Pres of Magna Europe and Asia||1.54 million||N/A||1963|
|Mr Boris Shulkin||Executive Vice President of Technology and Investments||N/A||N/A||N/A|
|Mr.Louis Tonelli||Vice President of Investor Relations||N/A||N/A||N/A|
|Mr. Bruce R. Cluney||Executive Vice President and Legal Director||N/A||N/A||1965|
|Joanne N. Horibe||Chief Compliance Officer||N/A||N/A||N/A|
|Mrs. Tracy Fuerst||Vice President of Communications and Public Relations of Corp.||N/A||N/A||N/A|
|Mr Eric Jon Wilds||Executive Vice President and Director of Sales and Marketing||N/A||N/A||N/A|
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