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Linamar Corp (LNR.TO)

LNR.TO on Toronto Stock Exchange

72.50CAD
15 Dec 2017
Change (% chg)

$7.48 (+11.50%)
Prev Close
$65.02
Open
$68.00
Day's High
$73.03
Day's Low
$67.81
Volume
853,381
Avg. Vol
165,993
52-wk High
$80.58
52-wk Low
$54.36

Latest Key Developments (Source: Significant Developments)

Linamar To Acquire The Macdon Group Of Companies For C$1,200 Mln
Thursday, 14 Dec 2017 04:10pm EST 

Dec 14 (Reuters) - Linamar Corp ::LINAMAR TO ACQUIRE THE MACDON GROUP OF COMPANIES, A GLOBAL HARVESTING SPECIALIST, TO FURTHER DIVERSITY & GROW.LINAMAR CORP - DEAL FOR C$1,200 MILLION.LINAMAR CORP - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE AND FREE CASH FLOW PER SHARE.LINAMAR CORP - EXPECTS TO REALIZE MODEST SYNERGIES FROM TRANSACTION.LINAMAR CORP - MACDON WILL BE COMBINED WITH LINAMAR'S EXISTING AGRICULTURE HARVESTING BUSINESS IN HUNGARY.LINAMAR - TO AMEND ITS CREDIT FACILITIES.LINAMAR CORP - NEW TERM LOAN FACILITY WILL BE ADDED TO FUND ACQUISITION IN AMOUNT OF A C$1,200 MILLION AS PART OF AMENDMENT.  Full Article

Linamar qtrly earnings per share $1.62‍​
Tuesday, 7 Nov 2017 04:00pm EST 

Nov 7 (Reuters) - Linamar Corp :Linamar delivers another quarter of solid earnings, cash flow and new business wins.Q3 sales c$1.55 billion versus I/B/E/S view c$1.52 billion.Linamar Corp - qtrly earnings per share $1.62‍​.  Full Article

Linamar Corp announces offer for French and Spanish Foundries
Tuesday, 4 Jul 2017 08:00am EDT 

July 4 (Reuters) - Linamar Corp ::Unit to buy selected assets of Societe Aveyronnaise De Metallurgie, F.V.M. Technologies and Alfisa Technologies for about 6 million euros.  Full Article

Linamar qtrly earnings per share $2.20
Wednesday, 10 May 2017 04:00pm EDT 

May 10 (Reuters) - Linamar Corp ::Linamar delivers 23rd consecutive quarter of double digit operating earnings growth.Q1 sales C$1.656 billion versus I/B/E/S view C$1.55 billion.Qtrly earnings per share $2.20.Q1 earnings per share view C$1.98 -- Thomson Reuters I/B/E/S.  Full Article

Linamar qtrly earnings per share $1.76
Wednesday, 8 Mar 2017 04:01pm EST 

Linamar Corp : Q4 sales C$1.375 billion versus I/B/E/S view C$1.41 billion . Linamar Corp qtrly earnings per share $1.76 .Linamar Corp - board of directors declared an eligible dividend in respect to quarter ended December 31, 2016 of cdn$0.12 per share on common shares.  Full Article

Linamar Q2 sales C$1.657 bln
Wednesday, 10 Aug 2016 04:02pm EDT 

Linamar Corp : Q2 sales C$1.657 billion versus I/B/E/S view C$1.69 billion . Qtrly earnings per share $2.39 .Q2 earnings per share view C$2.16, revenue view C$1.69 billion -- Thomson Reuters I/B/E/S.  Full Article

Linamar public offer for Montupet is reopened
Tuesday, 2 Feb 2016 06:52am EST 

Linamar Corp:Says public offer for Montupet is reopened and valid till Feb. 11.Currently holds 92.84 percent of capital and at least 92.41 percent voting rights in Montupet.Says may launch squeeze out on the company if its stake exceeds 95 percent of capital and voting rights as result of the reopened offer.  Full Article

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TSX ends up, Linamar jumps on acquisition

TORONTO Canada's main stock index rose on Friday, helped by a sharp jump in auto parts maker Linamar Corp after it announced plans to buy an agricultural equipment maker, while financial stocks and base metal miners also gained.