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.

Insights

Corporate Finance Analyst

Autoliv's retirement of 528,732 repurchased shares represents a modest but positive development for existing shareholders. By permanently reducing the outstanding share count from 77,834,314 to 77,305,582 shares (a 0.68% reduction), the company has effectively increased the ownership stake of remaining shareholders.

Share retirements like this typically benefit shareholders in several ways:

• Increased earnings per share (EPS) as the same earnings are spread across fewer shares
• Enhanced return on equity metrics
• Signal of management's confidence in the company's intrinsic value
• Tax-efficient return of capital compared to dividends

Based on Autoliv's current share price of $89.23, this retirement represents approximately $47.2 million in capital returned to shareholders. This move is particularly notable for a company with Autoliv's $7.15 billion market capitalization, as it demonstrates a commitment to shareholder value while maintaining the financial flexibility needed for its core automotive safety operations.

The company now holds 2,609,008 treasury shares (3.26% of issued shares), which provides management with options for future employee compensation plans or potential acquisitions without further diluting shareholders. This moderate treasury position strikes a reasonable balance between capital returns and maintaining strategic flexibility.

While modest in scale, this share retirement aligns with sound capital allocation principles and represents a shareholder-friendly action that should positively impact key per-share metrics.

STOCKHOLM, March 31, 2025 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that as of March 31, 2025, the total number of issued shares of common stock is 79,914,590 of which 77,305,582 shares are outstanding.

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 Delaware law.

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 $10.4 billion. For more information go to www.autoliv.com. 

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https://news.cision.com/autoliv/r/autoliv-retires-repurchased-shares--decreases-number-of-issued-shares,c4125153

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SOURCE Autoliv

FAQ

How many shares did Autoliv (ALV) retire in March 2025?

Autoliv retired 528,732 shares of common stock that were repurchased during the quarter.

What is the current number of outstanding shares for Autoliv (ALV)?

As of March 31, 2025, Autoliv has 77,305,582 outstanding shares out of 79,914,590 total issued shares.

How many treasury shares does Autoliv (ALV) currently hold?

Autoliv holds 2,609,008 shares in treasury, which have no voting rights or distribution rights under Delaware law.

What were Autoliv's (ALV) sales figures for 2024?

Autoliv reported sales of $10.4 billion for the year 2024.

How many lives did Autoliv's (ALV) products save in 2024?

Autoliv's products saved approximately 37,000 lives and reduced around 600,000 injuries in 2024.