Source prnewswire
Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
The worldwide leader in automotive safety systems, Autoliv, Inc. (NYSE: ALV) and its subsidiary, ALIV.sdb, today announced that, as of December 29, 2023, the total number of issued shares of common stock is 87,496,531, of which 82,642,524 are still outstanding. During the quarter, Autoliv retired 1,511,933 shares of common stock that had been repurchased during the previous quarter, which resulted in a decrease in the number of shares issued.As of today, the Company has 87,496,531 shares of common stock issued, of which 82,642,524 are outstanding. A share of outstanding common stock entitles the holders to one vote. The company holds 4,854,007 shares of its common stock in its treasury after the retirement of the repurchased shares. Under Delaware law, these shares do not have voting rights nor rights to participate in distributions.It should be noted that this information is of such nature that Autoliv, Inc. is required to disclose in accordance with the Swedish Financial Instrument Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure by means of the contact persons listed below on December 29, 2023, at 8:00 a.m. Central European Time.Requests for information: Investors and analysts: Anders Trapp, Tel +46 (0)709 578 171 Investors & analysts: Henrik Kaar, Tel +46 (0)709 578 114 Media contact: Gabriella Etemad, Tel +46 (0)70 612 64 24, Investors & analysts: Henrik Kaar, Tel +46 (0)709 578 114 Autoliv: a brief overviewThe Autoliv Company, Inc.. (NYSE: ALV) (Nasdaq Stockholm: ALIV) is a company based on the NYSE.In the field of automotive safety systems, SDB is the global leader in the field. We, through our group companies, develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels, for all major automobile manufacturers throughout the world, as well as mobility safety solutions, which include pedestrian protection, connected safety services, as well as safety solutions for those who ride powered two wheelers.. It is our mission at Autoliv to challenge and redefine the standards of mobility safety to deliver leading solutions in a sustainable manner. As a result of our products in 2022, close to 35,000 lives will be saved and over 450,000 injuries will be reduced As a result of our products in 2022, close to 35,000 lives will be saved and over 450,000 injuries will be reducedThroughout 27 countries, we have more than 70,000 associates who are passionate about our mission and are committed to saving more lives. Quality is at the core of everything we do. With our 14 technical centers and 20 test tracks, we drive innovation, research, and development. We accounted for $8.8 billion in sales in 2022. For more information, please visit www.autoliv.com.You can download the following files from the following links:In a press release issued today, Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the world's leading provider of automotive safety systems, announced that as of December 29, 2023, the company will become a...The Financial Report for the fourth quarter of 2023 of Autoliv Inc. will be published on Friday, January 26, 2024 at 12:00 Central European Time (CET). The Financial Report is subject to change...Get PRN's top stories and curated news delivered straight to your inbox on a weekly basis by signing up!
No Comments