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Stock impact report

Dana's Off Highway Exit Reshapes Focus Ahead Of 2030 Plan [Yahoo! Finance]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Dana has completed the separation of its Off Highway business, marking a major shift in its portfolio focus. The company reports realizing significant cost efficiencies and refocusing its organization around core operations. Management plans to present the Dana 2030 long term plan at an upcoming Capital Markets Day. Dana (NYSE:DAN) is entering this new phase with its shares at $33.92 and a 1 year return of 142.4%, alongside a 36.0% gain year to date. Over 3 years the stock shows a 144.4% return, while the 5 year figure stands at 48.1%. Shorter term, the share price shows a 12.5% return over 30 days, with a 2.8% decline over the past week. For investors, the Off Highway separation and cost measures frame the context for the upcoming Dana 2030 plan. The Capital Markets Day is expected to focus on how the streamlined business and new structure may support margins, cash g Show less Read more
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