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Dana Incorporated ( (DAN) ) just unveiled an update.
Dana Incorporated, a company involved in the automotive industry, has mutually agreed with the Icahn Group to terminate their Director Appointment and Nomination Agreement, effective June 17, 2025. On the same date, Dana repurchased 14,268,505 shares of its common stock from the Icahn Group at $17.58 per share, marking the exit of the Icahn Group from its ownership in Dana. This move was unanimously approved by Dana’s Board, excluding directors appointed by the Icahn Group, potentially impacting the company’s governance and shareholder structure.
The most recent analyst rating on (DAN) stock is a Sell with a $6.00 price target. To see the full list of analyst forecasts on Dana Incorporated stock, see the DAN Stock Forecast page.
Spark’s Take on DAN Stock
According to Spark, TipRanks’ AI Analyst, DAN is a Neutral.
Dana Holding’s stock score is mainly impacted by financial performance challenges, including profitability and debt concerns. Despite this, positive technical momentum and strategic corporate actions, like the business sale, provide some support. The valuation remains a significant issue due to the negative P/E ratio.
To see Spark’s full report on DAN stock, click here.
More about Dana Incorporated
Average Trading Volume: 1,824,877
Technical Sentiment Signal: Buy
Current Market Cap: $2.57B
For detailed information about DAN stock, go to TipRanks’ Stock Analysis page.