Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
Rhea-AI Summary
Autoliv (NYSE: ALV), the global leader in automotive safety systems, has announced changes to its share structure as of March 31, 2025. The company has retired 528,732 repurchased shares, resulting in a total of 79,914,590 issued shares, of which 77,305,582 are outstanding. Autoliv currently holds 2,609,008 treasury shares which carry no voting rights or distribution rights under Delaware law.
The company's core business involves developing and manufacturing protective systems like airbags, seatbelts, and steering wheels for major automotive manufacturers. In 2024, Autoliv's products contributed to saving approximately 37,000 lives and reducing around 600,000 injuries. The company operates in 25 countries with 13 technical centers and employs 65,000 people. Their 2024 sales reached $10.4 billion.
Positive
- Share count reduction through retirement of repurchased shares indicates strong capital return to shareholders
- Demonstrated market leadership with $10.4 billion in sales for 2024
- Significant social impact with products saving 37,000 lives in 2024
Negative
- None.
News Market Reaction – ALV
On the day this news was published, ALV declined 0.87%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Autoliv retired 528,732 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares.
The Company now has a total of 79,914,590 issued shares of common stock of which 77,305,582 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares, Autoliv holds 2,609,008 shares of common stock in treasury which have no voting rights or rights to participate in distributions under
This information is of such character that Autoliv, Inc. is obliged to disclose in accordance with the Swedish Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure, through the agency of the contact persons set out below, on March 31, 2025, 08:00 CET.
Inquiries:
Anders Trapp, Tel +46 (0)8 587 206 71
Henrik Kaar, Tel +46 (0)8 587 206 14
About Autoliv
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 commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved approximately 37,000 lives and reduced around 600,000 injuries. We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to
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SOURCE Autoliv
FAQ
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