Bruce Cluney Sells 9,292 Shares of Magna International Inc. (TSE:MG) Stock

Bruce Cluney is a senior officer at Magna International Inc., a global automotive supplier company headquartered in Aurora, Ontario, Canada. On February 21st, he sold 9,292 shares of the company's stock on the Toronto Stock Exchange (TSE) under the symbol TSEMG. The average price of the shares sold was C$54.15, resulting in a total value of C$503,164.59.

Magna International is one of the largest automotive suppliers in the world, with operations in over 30 countries and more than 270 facilities. The company provides a wide range of products and services to automakers, including body systems, interior systems, powertrain systems, and electronics. In recent years, Magna International has been focused on expanding its presence in emerging markets, particularly in Asia and South America.

As of February 21st, the stock price of Magna International was C$73.37 on the TSE, which represents a decline of 0.4% from the previous day's closing price. The company's stock has been trading on the TSE since 1986 and is considered a blue-chip stock, meaning it is widely held by institutional investors and is generally viewed as a safe and stable investment.