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Dana Holding Corp Expands Share Repurchase Program To $1 Billion


Friday, 28 Jun 2013 07:00am EDT 

Dana Holding Corp announced that its Board of Directors has approved an expanded common share repurchase program of up to $1 billion. This represents an increase of approximately $900 million over the more than $100 million already returned to shareholders under the Company's previous repurchase authorization. Dana plans to repurchase its shares either in the open market or through privately negotiated transactions over the next two years. The stock repurchase is subject to prevailing market conditions and other considerations. The Company expects to have sufficient liquidity to support this initiative. 

Company Quote

21.43
-0.02 -0.09%
24 Dec 2014