Dana Incorporated Announces Board Resignations and Share Repurchase Agreement with Icahn Group

Reuters

18 Jun

Dana Incorporated Announces Board Resignations and Share Repurchase Agreement with Icahn Group

Dana Incorporated announced that Brett M. Icahn and Christian A. Garcia have resigned from its board of directors, effective June 17, 2025. This decision is connected to Dana's share repurchase from the Icahn Group and the termination of the Director Appointment and Nomination Agreement. Both Icahn and Garcia were representatives of the Icahn Group and had joined the board earlier in January 2025. Their resignations were not due to any disagreements with the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DANA Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-25-001634), on June 18, 2025, and is solely responsible for the information contained therein.

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Icahn and Christian A. Garcia have resigned from its board of directors, effective June 17, 2025. This decision is connected to Dana's share repurchase from the Icahn Group and the termination of the Director Appointment and Nomination Agreement. Both Icahn and Garcia were representatives of the Icahn Group and had joined the board earlier in January 2025. Their resignations were not due to any disagreements with the company.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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ID: 0000950142-25-001634), on June 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4590","symbol_name":"PTP","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250618:nNDL4yk8zw:1","article_id":"2544736909","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544736909","pubTimestamp":1750240880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Dana Incorporated announced that Brett M. Icahn and Christian A. 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