The Board of Directors of Autoliv Inc. (NYSE:ALV)(STO:ALIVSDB) – the
worldwide leader in automotive safety systems – today declared a
quarterly dividend to shareholders of 50 cents per share for the second
quarter 2013, unchanged from the first quarter.
The dividend declared today will be payable on Friday, June 7, 2013 to
Autoliv stockholders of record on the close of business on May 22, 2013.
The ex-date when the shares will trade without the right to the dividend
will be Monday, May 20.
The dividend amount paid to stockholders is expected to be approximately
$48 million, based on the current number of outstanding shares.
As previously announced, the Board of Directors has set Tuesday May 7,
2013 as the date for the Annual General Meeting of Stockholders to be
held in Chicago, IL, USA.
Only holders of record at the close of business on March 11, 2013 will
be entitled to be present and vote at the Meeting. Notice of the Annual
General Meeting will be delivered to the holders of record in the last
week of March.
All of the directors with terms expiring at the 2013 Annual Meeting
(i.e. Mr. Robert W. Alspaugh, Mr. Bo Andersson and Dr. Wolfgang Ziebart)
will be nominated for re-election at the Annual Meeting.
Autoliv Inc., the worldwide leader in automotive safety systems,
develops and manufactures automotive safety systems for all major
automotive manufacturers in the world. Together with its joint ventures,
Autoliv has approximately 80 facilities with approximately 50,000
employees in 29 countries. In addition, the Company has eighteen
technical centers in nine countries around the world, with 20 test
tracks, more than any other automotive safety supplier. Sales in 2012
amounted to US $8.3 billion. The Company's shares are listed on the New
York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on
the OMX Nordic Exchange in Stockholm (ALIV sdb). For more information
about Autoliv, please visit our company website at www.autoliv.com.
Safe Harbor Statement
This release contains statements that are not historical facts but
rather forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 (PSLRA). All such statements
are based upon our current expectations and various assumptions, and
apply only as of the date of this report. Our expectations and beliefs
are expressed in good faith and we believe there is a reasonable basis
for them. However, there can be no assurance that forward-looking
statements will materialize or prove to be correct. Because such
statements involve risks and uncertainties, the outcome could differ
materially from those set out in the statements. For a summary of such
risk factors, please refer to our latest 10-K and 10-Q filed with the
SEC. Except for our ongoing obligation to disclose information under
law, we undertake no obligation to update publicly any forward-looking
statements whether as a result of new information or future events. 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 PSLRA.
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