10:35 AM EST - Magna International Inc. : Magna International Inc. said Friday that 11.9 million shares have been tendered to its US$91.50-per-share buyback bid, and will be purchased for cancellation for a total of US$1.09 billion. That represents 9.2 per cent of the auto parts maker's class A subordinate voting shares, which closed Thursday at US$92.30 on the New York Stock Exchange. Magna International Inc.
shares T.MG.A are trading up $2.35 at $94.78.