Dana to target $250M Eaton synergies as cost cuts and buybacks accelerate
Dana said its second-quarter results reflect continued progress on cost reductions. The company expects its planned combination with Eaton Mobility to close in Q1 2027 and deliver $250 million in annual run-rate synergies by the end of year two, alongside a $1.7 billion aftermarket business. Dana resumed share repurchases, targeting about $200 million by year-end.