08:34 AM EST, 02/11/2026 (MT Newswires) -- Dana (DAN) said Wednesday its board has increased and extended the company's share repurchase program to $2 billion by 2030 from the original parameters of $1 billion by 2027.

The updated program takes into account the $750 million that has already been returned under the program, the company said.

Dana also said it increased its quarterly dividend by 20% to $0.12 per share. The dividend is payable March 20 to shareholders of record as of Feb. 27.