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Dana Announces $1 Billion Capital Return Authorization Through 2027

ReutersJun 11, 2025 8:34 PM

- Allison Transmission Holdings Inc ALSN.N:

  • DANA INCORPORATED ANNOUNCES AGREEMENT TO SELL OFF-HIGHWAY BUSINESS FOR $2.7 BILLION; $1 BILLION CAPITAL RETURN AUTHORIZATION

  • DANA INC - ANNOUNCES $1 BILLION CAPITAL RETURN AUTHORIZATION THROUGH 2027

  • DANA INC - PLANS TO REPAY $2 BILLION OF DEBT

  • DANA INC - EXPECTS $2.4 BILLION NET CASH PROCEEDS AFTER DEAL

  • DANA INC: $550 MILLION OF CAPITAL RETURN TO SHAREHOLDERS AT OR BEFORE CLOSING OF TRANSACTION

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