Modine Manufacturing On Jun. 13 Approved Termination Of Modine Manufacturing Company Frozen Pension Plan
Portfolio Pulse from Benzinga Newsdesk
Modine Manufacturing has approved the termination of its frozen pension plan as of June 13.
June 18, 2024 | 8:20 pm
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Modine Manufacturing has approved the termination of its frozen pension plan, which could impact its financial liabilities and future cash flows.
The termination of the frozen pension plan could reduce Modine Manufacturing's long-term financial liabilities, potentially improving its financial health and cash flow. This is likely to be viewed positively by investors.
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