NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Autoliv,
Inc. (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in
automotive safety systems, today announced that its quarterly
dividend will be increased by 3% to 68
cents per share, from 66
cents, for the fourth quarter of 2023.
"It is our ambition to consistently create competitive
shareholder value through our purpose-led strategy and operations.
Our balance sheet and positive cash flow trend allows for increased
shareholder returns, and the Board of Directors is pleased to
approve a higher dividend payout," says Jan
Carlson, Chairman of the Board of Directors.
"Together with our share repurchase program, our quarterly
dividends return substantial value to shareholders," continued Mr.
Carlson. "This is the third consecutive annual 3% increase since we
re-instated our dividend in Q2 2021."
The dividend will be payable on Wednesday, December 13, 2023 to Autoliv
shareholders of record on the close of business on Tuesday, November 28. The ex-date will be
Monday, November 27, for holders of
common stock listed on the New York Stock Exchange (NYSE) as well
as for holders of Swedish Depository Receipts (SDRs) listed on
Nasdaq Stockholm.
Inquiries:
Investors & Analysts: Anders
Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik
Kaar, Tel +46 (0)8 587 206 14
Media: Gabriella Etemad, Tel +46
(0)8 587 206 02
This information is information that Autoliv, Inc. is obliged to
make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the contact
person set out above, at 4:40 p.m. ET
on November 9, 2023.
About Autoliv
Autoliv, Inc. (NYSE: ALV) (Nasdaq Stockholm: ALIV.sdb) is the
worldwide leader in automotive safety systems. Through our group
companies, we develop, manufacture and market protective systems,
such as airbags, seatbelts, and steering wheels for all major
automotive manufacturers in the world as well as mobility safety
solutions, such as pedestrian protection, connected safety services
and safety solutions for riders of powered two wheelers. At
Autoliv, we challenge and re-define the standards of mobility
safety to sustainably deliver leading solutions. In 2022, our
products saved close to 35,000 lives and reduced more than 450,000
injuries.
Our close to 70,000 associates in 27 countries are passionate about
our vision of Saving More Lives and quality is at the heart of
everything we do. We drive innovation, research, and development at
our 14 technical centers, with their 20 test tracks. Sales in 2022
amounted to US $ 8.8 billion. For
more information go to www.autoliv.com.
Safe Harbor Statement
This report contains statements that are not historical facts but
rather forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include those that address activities, events or
developments that Autoliv, Inc. or its management believes or
anticipates may occur in the future. All forward-looking statements
are based upon our current expectations, various assumptions and
data available from third parties. Our expectations and assumptions
are expressed in good faith and we believe there is a reasonable
basis for them. However, there can be no assurance that such
forward-looking statements will materialize or prove to be correct
as forward-looking statements are inherently subject to known and
unknown risks, uncertainties and other factors which may cause
actual future results, performance or achievements to differ
materially from the future results, performance or achievements
expressed in or implied by such forward-looking statements.
Numerous risks, uncertainties and other factors may cause actual
results to differ materially from those set out in the
forward-looking statements, including general economic conditions
and fluctuations in the global automotive market. For any
forward-looking statements contained in this or any other document,
we claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform
Act of 1995, and we assume no obligation to update publicly or
revise any such statements in light of new information or future
events, except as required by law.
The following files are available for download:
https://mb.cision.com/Main/751/3873138/2421183.pdf Release
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