🟢 Gentherm is trading 13% up in after-hours trading after merger plan includes $1.90-per-share special dividend

Gentherm is trading at $41.50, up +13.01% in after-hours trading, with the merger-linked special dividend as the clearest company-specific catalyst identified.

• The planned combination with Modine’s Performance Technologies business includes an estimated $1.90-per-share special dividend, payable October 7, 2026, if the merger closes.
• The transaction is expected to close October 1, 2026, and Gentherm would issue approximately 2.9 million additional shares.
• No separate September 22 after-hours release was identified.