Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Dana Incorporated    DAN

DANA INCORPORATED

(DAN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Dana Incorporated : Extends Share Repurchase Program

share with twitter share with LinkedIn share with facebook
share via e-mail
12/12/2019 | 08:00am EDT

MAUMEE, Ohio, Dec. 12, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors authorized the extension of its share repurchase program through December 31, 2021.  The company had $150 million available under the program as of September 30, 2019.

Dana Incorporated logo. (PRNewsFoto/Dana Incorporated)

The company expects shares to be repurchased in the open market or through privately negotiated transactions. It expects to have enough free cash flow and liquidity during this period to support this initiative. Pursuant to this program, the purchase of shares is subject to prevailing market conditions, available growth opportunities, and other considerations.

About Dana Incorporated
Dana is a world leader in providing power-conveyance and energy-management solutions that are engineered to improve the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment.  Enabling the propulsion of conventional, hybrid, and electric-powered vehicles, Dana equips its customers with critical drive and motion systems; electrodynamic and power technologies; and thermal, sealing, and digital solutions.

Founded in 1904, Dana employs more than 36,000 people who are committed to delivering long-term value to their customers, which include nearly every vehicle manufacturer in the world.  Based in Maumee, Ohio, USA, and with locations in 33 countries across six continents, the company reported sales of $8.1 billion in 2018.  Having established a high-performance culture that focuses on its people, the company has earned recognition around the world as a top employer.  Learn more at dana.com.  

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/dana-incorporated-extends-share-repurchase-program-300973890.html

SOURCE Dana Incorporated


© PRNewswire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on DANA INCORPORATED
03/23DANA INCORPORATED : Provides Statement on Current Market Conditions
PR
03/23DANA INC : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K..
AQ
03/10DANA INCORPORATED : Introduces New Series of Spicer® Torque-Hub® Drives for Craw..
PR
03/08As one of China's 'Detroits' reopens, world's automakers worry about disrupti..
RE
03/01INSIDER Q&A : Dana Inc. CEO on electric vehicles, coronavirus
AQ
02/27DANA INCORPORATED : Ex-dividend day for
FA
02/24DANA INCORPORATED : Announces Enhancements to Spicer® SPL® Series Driveshafts, P..
PR
02/24DANA INCORPORATED : Broadens Technician Training Series to Include Axle-Focused ..
PR
02/24DANA INCORPORATED : Hyliion Delivers First of Three Hybrid Class 8 Vehicles to L..
PR
02/24DANA INCORPORATED : Launches Production of Spicer Electrified™ eS9000r e-A..
PR
More news