Autoliv Resumes Dividend

Report this content

(Stockholm, May 6, 2010) – – – The Board of Directors of the worldwide leader in automotive safety systems, Autoliv Inc. (NYSE: ALV, and SSE: ALIV sdb), today decided to resume the Company’s payments of dividends to shareholders by declaring a quarterly dividend of 30 cents per share for the third quarter 2010.

The dividend will be payable on Thursday, September 2, 2010 to Autoliv shareholders of record on the close of business on Thursday, August 5, 2010. The ex-date, when the shares will trade without the right to the dividend, will be Tuesday, August 3. The most recent dividend which was declared in the fourth quarter 2008, amounted to 21 cents per share, corresponding to a total amount paid of $14.8 million based on the 70.4 million shares outstanding at that time. The resumed dividend represents $25.6 million based of 85.4 million shares, the current number of shares outstanding Shareholders Meeting At the Company’s Annual General Meeting (AGM) of Shareholders in Chicago, held today, May 6, 2010, the shareholders approved all the proposals set forth in this year’s proxy statement. This means that: - Mr. Robert Alspaugh, Dr. Walter Kunerth, Mr. Lars Nyberg and Mr. Lars Westerberg were re-elected as directors of the Board for a regular three-year term until the Annual General Meeting in 2013, and that; - the appointment of Ernst & Young AB as Autoliv’s independent auditing firm for the fiscal year ending December 31, 2010, was ratified. Inquiries: Mats Ödman, VP Corporate Communications, +46 (0)8 58 72 06 23, or +46 (0)708 32 09 33 Ray Pekar, Director Investor Relations, +1 248 475 0427

Subscribe

Documents & Links