The restructuring program by Hillenbrand is a significant move aimed at cost savings and operational efficiency. The expected annual savings of $15M is substantial, but the upfront cost of $20M in FY24 to implement the program may initially concern investors. However, the long-term financial health and efficiency improvements could offset short-term expenses, leading to a neutral short-term impact on the stock price. The relevance is high as the news directly involves Hillenbrand's financial strategy and operational adjustments.