Auto parts supplier Dana expands share buyback program to $1 bln

June 28 Fri Jun 28, 2013 7:24am EDT

June 28 (Reuters) - Auto parts supplier Dana Holding Corp said it expanded its share repurchase program to up to $1 billion from $250 million.

The company said it had already repurchased shares worth $100 million.

Dana said it plans to buy back shares either in the open market or through privately negotiated transactions over the next two years.