Autoliv Retires Repurchased Shares and Treasury Shares, Decreases Number of Issued Shares
Autoliv (NYSE: ALV), the global leader in automotive safety systems, has announced changes to its share structure as of December 31, 2024. The company has retired 1,043,953 repurchased shares and an additional 2,000,000 treasury shares, reducing its total issued shares to 80,443,340, of which 77,712,479 are outstanding. Autoliv currently holds 2,730,861 shares in treasury, which carry no voting rights or distribution rights under Delaware law.
The company's core business involves developing and manufacturing automotive safety systems, including airbags, seatbelts, and steering wheels. In 2023, Autoliv's products saved 35,000 lives, prevented over 450,000 injuries, and generated sales of $10.5 billion. The company employs 70,000 people across 25 countries and operates 14 technical centers with 20 test tracks.
Autoliv (NYSE: ALV), leader mondiale nei sistemi di sicurezza automobilistica, ha annunciato modifiche alla sua struttura azionaria a partire dal 31 dicembre 2024. L'azienda ha ritirato 1.043.953 azioni riacquistate e ulteriori 2.000.000 azioni proprie, riducendo il totale delle azioni emesse a 80.443.340, di cui 77.712.479 sono in circolazione. Autoliv attualmente detiene 2.730.861 azioni in tesoreria, che non portano diritti di voto o diritti di distribuzione secondo la legge del Delaware.
Il core business dell'azienda consiste nello sviluppo e nella produzione di sistemi di sicurezza automobilistica, tra cui airbag, cinture di sicurezza e volanti. Nel 2023, i prodotti di Autoliv hanno salvato 35.000 vite, prevenuto oltre 450.000 infortuni e generato vendite per 10,5 miliardi di dollari. L'azienda impiega 70.000 persone in 25 paesi e opera 14 centri tecnici con 20 piste di prova.
Autoliv (NYSE: ALV), líder mundial en sistemas de seguridad automotriz, ha anunciado cambios en su estructura de acciones a partir del 31 de diciembre de 2024. La compañía ha retirado 1.043.953 acciones recompradas y otras 2.000.000 acciones en tesorería, reduciendo el total de acciones emitidas a 80.443.340, de las cuales 77.712.479 están en circulación. Autoliv actualmente tiene 2.730.861 acciones en tesorería, las cuales no otorgan derechos de voto ni derechos de distribución bajo la ley de Delaware.
El negocio principal de la compañía consiste en el desarrollo y fabricación de sistemas de seguridad automotriz, incluidos airbags, cinturones de seguridad y volantes. En 2023, los productos de Autoliv salvaron 35.000 vidas, evitaron más de 450.000 lesiones y generaron ventas de 10.5 mil millones de dólares. La empresa emplea a 70.000 personas en 25 países y opera 14 centros técnicos con 20 pistas de pruebas.
오토리브 (NYSE: ALV), 자동차 안전 시스템의 글로벌 리더가 2024년 12월 31일부로 주식 구조 변경을 발표했습니다. 회사는 1,043,953주를 재매입하고 추가로 2,000,000주를 자사주로 매입하여 총 발행 주식 수를 80,443,340주로 줄였으며, 이 중 77,712,479주는 유통되고 있습니다. 오토리브는 현재 2,730,861주를 자사주로 보유하고 있으며, 이는 델라웨어 법에 따라 투표권이나 배당권이 없습니다.
회사의 핵심 사업은 에어백, 안전벨트 및 스티어링 휠을 포함한 자동차 안전 시스템의 개발 및 제조입니다. 2023년에 오토리브의 제품은 35,000명의 생명을 구하고 450,000건 이상의 부상을 예방했으며, 105억 달러의 매출을 올렸습니다. 회사는 25개국에 걸쳐 70,000명의 직원이 있으며, 14개의 기술 센터와 20개의 시험 트랙을 운영하고 있습니다.
Autoliv (NYSE: ALV), leader mondial des systèmes de sécurité automobile, a annoncé des changements dans sa structure d'actions à partir du 31 décembre 2024. L'entreprise a racheté et retiré 1.043.953 actions ainsi qu'un supplémentaire de 2.000.000 actions propres, réduisant le nombre total d'actions émises à 80.443.340, dont 77.712.479 sont en circulation. Autoliv détient actuellement 2.730.861 actions propres, qui ne confèrent ni droits de vote ni droits de distribution selon la législation du Delaware.
Le cœur de métier de l'entreprise consiste à développer et produire des systèmes de sécurité automobile, y compris des airbags, des ceintures de sécurité et des volants. En 2023, les produits d'Autoliv ont sauvé 35.000 vies, empêché plus de 450.000 blessures et généré des ventes de 10,5 milliards de dollars. L'entreprise emploie 70.000 personnes dans 25 pays et exploite 14 centres techniques avec 20 pistes d'essai.
Autoliv (NYSE: ALV), der weltweit führende Anbieter von Automobilsicherheitssystemen, hat Änderungen an seiner Aktienstruktur zum 31. Dezember 2024 bekannt gegeben. Das Unternehmen hat 1.043.953 zurückgekaufte Aktien und zusätzlich 2.000.000 eigene Aktien zurückgezogen, wodurch sich die insgesamt ausgegebenen Aktien auf 80.443.340 verringert haben, von denen 77.712.479 ausstehend sind. Autoliv hält derzeit 2.730.861 eigene Aktien, die nach dem Recht von Delaware keine Stimmrechte oder Verteilungsrechte gewähren.
Das Kerngeschäft des Unternehmens umfasst die Entwicklung und Herstellung von Automobilsicherheitssystemen, einschließlich Airbags, Sicherheitsgurten und Lenkrädern. Im Jahr 2023 haben die Produkte von Autoliv 35.000 Leben gerettet, mehr als 450.000 Verletzungen verhindert und einen Umsatz von 10,5 Milliarden Dollar erzielt. Das Unternehmen beschäftigt 70.000 Mitarbeiter in 25 Ländern und betreibt 14 technische Zentren mit 20 Prüfbahnen.
- Share count reduction through retirement of 3,043,953 shares, potentially increasing value per share
- Strong 2023 performance with $10.5 billion in sales
- Market leadership position in automotive safety systems
- Significant global presence with 70,000 employees across 25 countries
- None.
Insights
This share retirement announcement by Autoliv represents a meaningful capital management move. The company has retired approximately 3.04 million shares in total, consisting of 1.04 million recently repurchased shares and 2 million treasury shares. The reduction brings the total issued shares to 80.44 million, with 77.71 million outstanding shares.
This action effectively increases each remaining shareholder's ownership percentage in the company. With Autoliv's current market cap of
The strategic timing of this retirement at year-end suggests careful tax and accounting considerations. The remaining 2.73 million treasury shares provide flexibility for future corporate actions like employee compensation or potential acquisitions. For investors, this move signals management's confidence in the company's valuation and commitment to returning value to shareholders through capital structure optimization.
Autoliv retired 1,043,953 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares. Autoliv also retired 2,000,000 shares of common stock that had been held in treasury unrelated to the repurchases in the quarter.
The Company now has a total of 80,443,340 issued shares of common stock of which 77,712,479 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares and other treasury shares, Autoliv holds 2,730,861 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 December 31, 2024, 08:00 CET.
Inquiries:
Media: media@autoliv.com
Gabriella Etemad, Tel +46 (0)8 58 720 602 or Emelie Ericson +46 (0)8 58 720 635
Investors & Analysts: ir@autoliv.com
Anders Trapp, Tel +46 (0)8 587 206 71 or Henrik Kaar, Tel +46 (0)8 587 206 14
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 pedestrian protection, connected safety services and safety solutions for riders of powered two wheelers. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2023, our products saved 35,000 lives and reduced more than 450,000 injuries.
Our 70,000 associates in 25 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We drive innovation, research, and development at our 14 technical centers, with their 20 test tracks. Sales in 2023 amounted to
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SOURCE Autoliv
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