Dana INC 8-K filings

Dana Incorporated announced robust second-quarter 2026 results, exceeding expectations with increased sales, significantly improved profitability, and an upward revision to full-year financial guidance, while also restarting its share repurchase program.

Dana Incorporated has entered into an amendment to its credit agreement, securing a new $500 million delayed draw term loan facility to redeem its outstanding 8.500% Senior Notes due 2031.

Dana Incorporated has finalized compensation agreements for incoming CEO Byron S. Foster and Executive Chairman R. Bruce McDonald.

Dana Incorporated and Eaton Corporation plc have entered into definitive agreements for a Reverse Morris Trust transaction to combine Dana with Eaton's vehicle and eMobility businesses, creating a new entity where former Eaton shareholders will hold a majority stake.

Dana Incorporated announced a definitive agreement to combine with Eaton Corporation plc's Mobility business in a Reverse Morris Trust transaction, creating a leading global powertrain supplier.

Dana Incorporated reports Q1 2026 financial results, highlighting a significant net income boost from discontinued operations and adjusted EBITDA growth.

Dana Incorporated announced robust first-quarter 2026 financial results, with sales up 5% and adjusted EBITDA significantly increasing, while maintaining full-year guidance and securing a new business win.

Dana Incorporated shareholders re-elected eight directors and ratified the appointment of PricewaterhouseCoopers LLP at the 2026 Annual Meeting.

Dana Incorporated outlined its 'Dana 2030' strategy at its Capital Markets Day, targeting significant sales growth, margin expansion, and shareholder returns.

Dana Incorporated announced the appointment of Byron Foster as its new Chief Executive Officer, effective July 1, 2026, with current CEO R. Bruce McDonald transitioning to Chairman of the Board.

Dana Incorporated announced a 20% increase in its quarterly dividend and expanded its share repurchase program to $2 billion through 2030, signaling strong financial confidence.

Dana Incorporated's Board approved performance-vested restricted stock units for eligible executives, tying compensation to long-term share price targets.

Dana Incorporated announced strong preliminary 2025 financial results, exceeding expectations, and provided an optimistic 2026 outlook featuring increased margins, significant debt reduction, and substantial capital returns.

Dana Incorporated successfully settled cash tender offers and redeemed all outstanding 2027 and 2028 Senior Notes, utilizing proceeds from its off-highway business sale.

Dana Incorporated finalized the sale of its Off-Highway business for $2.664 billion, significantly reducing its senior debt by $1.549 billion.

Dana Incorporated completed the sale of its off-highway business to Allison Transmission Holdings, Inc. for $2.732 billion in cash, marking a significant step in its transformation strategy.

Dana Incorporated initiates cash tender offers and conditional redemptions for over $1 billion in senior notes, leveraging proceeds from its off-highway business sale for debt reduction.

Dana Incorporated reported strong third-quarter 2025 financial results, with net income significantly increasing and full-year profit guidance raised due to accelerated cost savings.

Dana Incorporated announced the appointment of Hanna Olivia Nelligan, a seasoned finance and strategy executive, to its Board of Directors, effective October 22, 2025.

Dana Incorporated extends CEO R. Bruce McDonald's employment for up to one year to oversee key initiatives and CEO succession.

Dana Incorporated announced strong second-quarter 2025 financial results and raised its full-year guidance, driven by strategic divestiture and cost savings.

Dana Incorporated has entered into a $250 million Term A facility, maturing upon the earlier of its off-highway business divestiture or 364 days, with proceeds primarily used to repay existing revolving credit and cover transaction fees.

Dana Incorporated has completed the repurchase of all 14.27 million shares held by the Icahn Group for $17.58 per share, leading to the termination of their director appointment agreement and the resignation of two Icahn-appointed directors.

Dana Incorporated has entered into a definitive agreement to sell its off-highway business to Allison Transmission Holdings, Inc. for approximately $2.732 billion, a strategic move expected to enhance financial flexibility and enable capital return to shareholders.

Dana Incorporated announced the sale of its Off-Highway business to Allison Transmission for $2.7 billion and a new $1 billion capital return program through 2027, aiming to streamline operations and strengthen its balance sheet.

Dana Incorporated held its Annual Meeting of Shareholders on April 24, 2025, and announced the results of voting on five proposals.

Dana Incorporated announced its first-quarter 2025 financial results, reporting figures in line with expectations and maintaining its sales and adjusted EBITDA guidance ranges.

Dana Incorporated announces 2024 financial results, highlighting adjusted EBITDA growth of $40 million and a $300 million annualized cost-reduction savings plan.

Dana Incorporated released preliminary full-year 2024 financial results, provided 2025 guidance, and announced a simplified organizational structure along with updates on the sale of its Off-Highway business.

Dana Incorporated has amended its Director Appointment and Nomination Agreement with the Icahn Group, resulting in the immediate appointment of Brett Icahn and Christian Garcia to its Board of Directors.