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Modine sets record date for spin-off of Performance Technologies Gentherm declares special cash dividend payable following completion of the transaction and conditioned on closing NOVI, Mich. and RACINE, Wis., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM) (“Gentherm”) and Modine Manufacturing Company (NYSE: MOD) (“Modine”) today announced additional information in connection with the anticipated completion of the previously announced combination of Gentherm and Modine’s Performance
Why Gentherm’s merger vote matters now Gentherm (THRM) just cleared a key hurdle for its planned merger with Modine’s Performance Technologies business, after shareholders approved more authorized common shares and backed the share issuance needed to close the deal. Gentherm’s share price has eased in the short term, with a 1-day move down 1.6%, a 7-day decline of 6.1% and a 30-day drop of 13.1%. However, the 90-day share price return of 7.6% and 1-year total shareholder return of 8.5% point...
On September 10, Gentherm (NASDAQ:THRM) shareholders voted to approve the combination of Modine’s Performance Technologies business with Gentherm, clearing the last major hurdle before the two businesses become one. Roughly 99% of votes cast backed the share issuance needed to fund the deal, and about 94% of outstanding shares approved the charter amendment authorizing those […]
Transaction Expected to Close on October 1, 2026NOVI, Mich., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), (the “Company” or “Gentherm”), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced that, at the Company's Special Meeting of Shareholders (the "Special Meeting") held today, Gentherm shareholders voted to approve the proposals required to complete the proposed combination of Modine’s Performance Technologies business with
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Modine Manufacturing (NYSE:MOD) reported first-quarter fiscal 2027 sales growth of 28% and adjusted earnings per share growth of 44%, while reiterating its full-year revenue and adjusted EBITDA outlook. The company said supply-chain shortages in its Data Center segment constrained production and pre
NOVI, Mich., July 30, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced that it is scheduled to participate in the following upcoming investor events in the third quarter of 2026. J.P. Morgan Auto Conference in New York CityBill Presley, President and CEO, and Jon Douyard, Executive Vice President, Chief Financial Officer and Treasurer, will participate in a fireside chat on Thursday, Augu
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Gentherm (THRM) is in focus after releasing second quarter results that showed higher net income and earnings per share compared with a year earlier, along with new authorization for a multiyear share repurchase program. See our latest analysis for Gentherm. The earnings release and fresh multiyear buyback authorization appear to have reset sentiment around Gentherm. The stock’s 1 day share price return of 26.52% has contributed to a 30 day share price return of 30.09% and a 1 year total...
Moby summary of Gentherm Incorporated's Q2 2026 earnings call
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