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ALSN Allison Transmission Holdings News Story

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Brief: Dana Announces $1 Billion Capital Return Authorization Through 2027

June 11 (Reuters) - Allison Transmission Holdings Inc ALSN.N:

DANA INCORPORATED ANNOUNCES AGREEMENT TO SELL OFF-HIGHWAY BUSINESS FOR $2.7 BILLION; $1 BILLION CAPITAL RETURN AUTHORIZATION

DANA INC - ANNOUNCES $1 BILLION CAPITAL RETURN AUTHORIZATION THROUGH 2027

DANA INC - PLANS TO REPAY $2 BILLION OF DEBT

DANA INC - EXPECTS $2.4 BILLION NET CASH PROCEEDS AFTER DEAL

DANA INC: $550 MILLION OF CAPITAL RETURN TO SHAREHOLDERS AT OR BEFORE CLOSING OF TRANSACTION

Source text: ID:nPn2l8TSva

Further company coverage: ALSN.N

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