Dana repurchases 14.3M shares from Icahn Group at $17.58; two Icahn director appointees resign

DANA Inc

Dana repurchased 14,268,505 shares from Icahn Group at $17.58/share (~$251M total).
Brett M. Icahn and Christian A. Garcia resigned from the Dana board effective June 17, 2025.
Terminated the Director Appointment and Nomination Agreement (dated Jan 2022, amended Jan 2025) with Icahn Group.
The buyout eliminates Icahn Group's entire Dana stake; board approved without Icahn appointees' participation.

item 1.02item 5.02item 7.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Christian A. Garcia

Director

DAN · DANA Inc

Effective: 2025-06-17
Filed: Jun 18, 2025 23:59 UTC

Brett M. Icahn and Christian A. Garcia resigned from the board of directors

Departed

Brett M. Icahn

Director

DAN · DANA Inc

Effective: 2025-06-17
Filed: Jun 18, 2025 23:59 UTC

Brett M. Icahn and Christian A. Garcia resigned from the board of directors

Source: SEC EDGAR

accession 0000950142-25-001634

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