Dana — Oct 29, 2025 release

We expect to complete the Off-Highway divestiture in the fourth quarter of this year. The benefits of this transaction are already being realized as we execute our $1 billion capital return program, including $189 million in share repurchases during the quarter. We expect to repurchase an additional $155 million in the fourth quarter, bringing the total to $600 million for the year.” Sales for continuing operations in the third quarter of 2025 totaled $1.92 billion, compared with $1.90 billion in the same period of 2024. Net income from continuing operations was $13 million compared with a net loss of $21 million in the third quarter of 2024. Adjusted EBITDA for the third quarter of 2025 was $162 million or 8.5 percent of sales, compared with $111 million or 5.9 percent of sales for the same period in 2024. The company’s cost-savings program has mitigated the margin impact of lower volumes and cost inflation. Operating cash flow in the third quarter of 2025 was $111 million, compared with $35 million in the same period of 2024. Adjusted free cash flow was $101 million, compared with a use of $8 million in the third quarter of 2024. The improvement was driven by higher profit, lower taxes and working capital requirements. “The continued execution of our cost-saving plan and operating efficiency improvements are driving our higher profit expectations for this year,” said Timothy Kraus, Dana’s senior vice president and chief financial officer. “Additionally, the tariff recovery mechanisms