Magellan Aerospace Corporation

MAL

CA5589122004

Aerospace & Defense

Market Closed - Toronto S.E. Other stock markets 21:00:00 14/06/2024 BST			5-day change	1st Jan Change
8.35 ^CAD	-0.30%		+1.58%	+6.37%

05-24	Magellan Aerospace Corporation announces an Equity Buyback for 2,857,469 shares, representing 5% of its issued share capital.	CI
05-24	Magellan Aerospace Renews Normal Course Issuer Bid	MT

Tranche Update on Magellan Aerospace Corporation's Equity Buyback Plan announced on May 25, 2023.

May 03, 2024 at 12:02 am

From January 1, 2024 to March 31, 2024, the company has repurchased 49,456 shares, representing 0.09% for CAD 0.38 million. With this, the company has completed the repurchase of 177,775 shares, representing 0.31% for CAD 1.38 million under the buyback announced on May 25, 2023.

Latest news about Magellan Aerospace Corporation

Magellan Aerospace Corporation announces an Equity Buyback for 2,857,469 shares, representing 5% of its issued share capital.	05-24	CI
Magellan Aerospace Renews Normal Course Issuer Bid	05-24	MT
Magellan Aerospace Brief: Announcing Renewal of Normal Course Issuer Bid	05-24	MT
Magellan Aerospace Corporation authorizes a Buyback Plan.	05-23	CI
Magellan Aerospace Signs Agreement with Peraton to Support NASA Sounding Rocket Program	05-07	CI
Magellan Aerospace Price Target Raised to $16 at TD	05-07	MT
Magellan Aerospace Q1 Profit, Revenue Grow; Declares Quarterly Dividend	05-03	MT
North American Morning Briefing : Apple, Amgen -2-	05-03	DJ
Tranche Update on Magellan Aerospace Corporation's Equity Buyback Plan announced on May 25, 2023.	05-03	CI
Magellan Aerospace Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
Magellan Aerospace Corporation Declares Quarterly Dividend, Payable on June 28, 2024	04-30	CI
Transcript : Magellan Aerospace Corporation - Shareholder/Analyst Call	04-30
Magellan Aerospace Narrows Q4 Loss, Revenue Grows; Up 1.7%	03-12	MT
Magellan Aerospace Narrows Q4 Loss, Revenue Grows	03-12	MT
Tranche Update on Magellan Aerospace Corporation's Equity Buyback Plan announced on May 25, 2023.	03-11	CI
Magellan Aerospace Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	03-11	CI
Magellan Aerospace Corporation Announces Impairment Charges for the Three Months Ended December 31, 2023	03-11	CI
Magellan Aerospace Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	03-11	CI
Magellan Aerospace Corporation Declares Quarterly Cash Dividend, Payable on March 28, 2024	03-01	CI
Magellan Aerospace Awarded Multi-Year Contract For Airbus Single Aisle Aircraft Components	02-28	MT
Magellan Aerospace to Continue Supplying Airbus Single-Aisle Aircraft Parts	02-28	DJ
Magellan Aerospace Corporation Wins Multi-Year Contract for Airbus Single Aisle Aircraft Components	02-28	CI
Magellan Aerospace Brief: Says Awarded Multi-Year Contract for Airbus Single Aisle Aircraft Components	02-28	MT
Magellan Aerospace Signs $39 Million Contract To Produce LUU-2 Flares For Royal Canadian Air Force	12-19	MT
Magellan Aerospace Brief: Says the $39 million, four-year contract commences in 2024	12-19	MT

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Company Profile

Magellan Aerospace Corporation is a Canada-based global enterprise company, which is engaged in providing integrated products to the aerospace industry worldwide. The Company designs, engineers and manufactures aeroengine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. The Company operates through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. The Companyâs products include Engine Cold Section, Engine Hot Section, Engine Shafts, Specialty Materials, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, Avionics, Manufactured Components and Assemblies and Wire Strike Protection System (WSPS). The Company also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services.

Sector

Aerospace & Defense

Calendar

06/08/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Magellan Aerospace Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.35 CAD

Average target price

14 CAD

Spread / Average Target

+67.66%

Consensus

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Quarterly earnings - Rate of surprise

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Other Aerospace & Defense

Magellan Aerospace Corporation

Equities

MAL

CA5589122004

Aerospace & Defense

Tranche Update on Magellan Aerospace Corporation's Equity Buyback Plan announced on May 25, 2023.

EPS Revisions