secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0000950142-25-001634
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.02, 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000095014225001634/0000950142-25-001634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000095014225001634/eh250643685_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-001634

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer