Modine Manufacturing Company Stock News

Modine Manufacturing stock surges as Bloomberg reports Samsung Electronics is in discussions to acquire the data-center cooling systems provider.

Modine Manufacturing stock (NYSE: MOD) surged nearly 29% in Thursday's after-hours trading after reports that Samsung Electronics was discussing a takeover of the US data-centre cooling specialist. Shares climbed to $136.90 after hours, up from its regular closing price of $106.10.

Samsung Electronics is in talks to acquire ‌Modine Manufacturing, a US-listed maker of cooling systems for data centers, ​Bloomberg News reported on Thursday, ​citing people familiar with the ⁠matter.

Modine's executive leadership team will provide an update to the company's  multi-year growth strategy and new financial targets RACINE, Wis., Nov. 12, 2026 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, will host an Analyst and Investor Day in Chicago, Illinois, on Wednesday, November 18, 2026.

RACINE, Wis., Nov. 11, 2026 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it has commenced commercial production of Airedale® chillers at a new purpose-built advanced manufacturing facility in Grand Prairie, Texas.

Strong growth in Data Centers and Commercial HVAC segments supports higher full-year revenue outlook for core business following the spin-off of Performance Technologies RACINE, Wis., Nov. 3, 2026 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended September 30, 2026.

Announces Final Exchange Ratio and Cash Distribution to Modine RACINE, Wis., Oct. 1, 2026 /PRNewswire/ -- Modine (NYSE: MOD) ("Modine" or the "Company") today announced the completion of the previously announced spin-off of its Performance Technologies business, which was held by Platinum SpinCo Inc. ("SpinCo"), and subsequent combination of SpinCo with Gentherm (NASDAQ: THRM) ("Gentherm") thro...