Le Lézard
Classified in: Transportation, Science and technology, Business
Subjects: DIV, ACC

Autoliv Declares Increased Dividend


STOCKHOLM, Feb.14, 2018 /PRNewswire/ --

Autoliv, Inc. (NYSE: ALV)and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of 62 cents per share for the second quarter 2018, an increase of 2 cents per share from the previous level.

The dividend will be payable on Thursday, June 7, 2018 to Autoliv shareholders of record on the close of business on Wednesday, May 23.

Stockholders AGM

As previously announced, the Board of Directors has set Tuesday, May 8, 2018, as the date for the Annual General Meeting of Stockholders to be held in Chicago, IL, USA.

Only shareholders of record at the close of business on March 12, 2018, will be entitled to be present and vote at the 2018 Annual General Meeting. Notice of the 2018 Annual General Meeting will be delivered to the holders of record in late March.

All directors with terms expiring at the 2018 Annual Meeting (Robert Alspaugh, Jan Carlson, Leif Johansson, David Kepler, Franz-Josef Kortüm, Xiaozhi Liu, James Ringler, Kazuhiko Sakamoto and Wolfgang Ziebart) will be nominated for re-election at the 2018 Annual Meeting.

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 08.30 AM CET on February 14, 2018.

About Autoliv

Autoliv, Inc. is the worldwide leader in automotive safety systems, and through its subsidiaries develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has around 73,000 employees in 27 countries. In addition, the Company has 23 technical centers in nine countries around the world, with 19 test tracks, more than any other automotive safety supplier. Sales in 2017 amounted to about US $10.4 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at 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. 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.

Inquiries:
Thomas Jönsson
Group Vice President Communications
Tel +46 (0)8 58-72-06-27

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/autoliv/r/autoliv-declares-increased-dividend,c2451901

The following files are available for download:

http://mb.cision.com/Main/751/2451901/791858.pdf

PDF

 

SOURCE Autoliv


These press releases may also interest you

at 14:35
Ossium Health, an innovative bioengineering company that established a first-of-its-kind bone marrow bank, announced today the launch of a new program that further expands patient access to Ossium's bone marrow. Through the HOPE (HPC Offered for...

at 14:22
As we continue to foster economic growth and build Canada's clean economy, significant investments and progress are being made in the production, distribution, and use of clean fuels, including low-carbon hydrogen. These advancements are guided by...

at 14:01
Midea, the world's largest producer of major appliances and a leading innovator in the HVAC industry, announced the launch of its EVOX G3 heat pump system. This latest generation of the EVOX series, featuring the EVOX G3 Heat Pump and EVOX G3 Air...

at 14:00
Canada's pollution pricing system creates incentives for industries to reduce their greenhouse gas emissions, drives innovation and sustainable business practices, and fosters a cleaner, more environmentally responsible future. Through the...

at 14:00
Making the switch to an electric vehicle (EV) is a win-win for families looking to save money while reducing pollution. Due to cheaper refuelling and lower maintenance costs, most EVs cost less than their gas engine counterparts over their lifetime....

at 13:45
Piramal Pharma Limited (NSE: PPLPHARMA) (BSE: 543635), a leading global pharmaceuticals company, today announced its standalone and consolidated results for the Fourth Quarter (Q4) and Full Year (FY) ended 31st March 2024.     Consolidated Financial...



News published on and distributed by: