Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
Autoliv (NYSE: ALV), the global leader in automotive safety systems, has announced a reduction in its total number of issued shares. As of September 30, 2024, the company's issued shares of common stock stand at 83,487,293, with 78,750,609 shares outstanding. This change resulted from the retirement of 1,329,322 repurchased shares during the quarter.
Autoliv now holds 4,736,684 shares of common stock in treasury, which have no voting rights or rights to participate in distributions under Delaware law. Each outstanding share of common stock is entitled to one vote. This information was disclosed in compliance with the Swedish Financial Instruments Trading Act.
Autoliv (NYSE: ALV), leader globale nei sistemi di sicurezza automobilistica, ha annunciato una riduzione del numero totale di azioni emesse. A partire dal 30 settembre 2024, le azioni ordinarie emesse dalla società ammontano a 83.487.293, con 78.750.609 azioni in circolazione. Questa modifica è il risultato del ritiro di 1.329.322 azioni riacquistate nel corso del trimestre.
Autoliv detiene ora 4.736.684 azioni ordinarie in tesoreria, che non hanno diritti di voto né diritti di partecipazione ai dividendi secondo la legge del Delaware. Ogni azione ordinaria in circolazione ha diritto a un voto. Queste informazioni sono state divulgate in conformità con la legge svedese sugli strumenti finanziari.
Autoliv (NYSE: ALV), líder global en sistemas de seguridad automotriz, ha anunciado una reducción en su número total de acciones emitidas. A partir del 30 de septiembre de 2024, las acciones ordinarias emitidas por la empresa son 83.487.293, con 78.750.609 acciones en circulación. Este cambio se produjo por la jubilación de 1.329.322 acciones recompradas durante el trimestre.
Autoliv ahora posee 4.736.684 acciones ordinarias en tesorería, las cuales no tienen derechos de voto ni derechos de participación en distribuciones según la ley de Delaware. Cada acción ordinaria en circulación tiene derecho a un voto. Esta información se divulgó en cumplimiento con la Ley de Comercio de Instrumentos Financieros de Suecia.
Autoliv (NYSE: ALV)는 자동차 안전 시스템 분야의 글로벌 리더로, 발행된 전체 주식 수 감소를 발표했습니다. 2024년 9월 30일 기준으로 회사의 발행된 보통주는 83,487,293주이며, 78,750,609주는 유통되고 있습니다. 이 변화는 분기 동안 1,329,322주를 재구매하여 은퇴한 결과입니다.
Autoliv는 현재 4,736,684주의 보통주를 자산으로 보유하고 있으며, 이는 델라웨어 법률에 따라 투표 권리나 배당 참여 권리가 없습니다. 유통 중인 각 보통주는 1표의 투표권을 가집니다. 이 정보는 스웨덴 금융 상품 거래 법률을 준수하여 공개되었습니다.
Autoliv (NYSE: ALV), leader mondial des systèmes de sécurité automobile, a annoncé une réduction de son nombre total d'actions émises. Au 30 septembre 2024, le nombre d'actions ordinaires émises par la société s'élève à 83.487.293, avec 78.750.609 actions en circulation. Ce changement est le résultat du retrait de 1.329.322 actions rachetées durant le trimestre.
Autoliv détient désormais 4.736.684 actions ordinaires en trésorerie, qui n'ont pas de droits de vote ou de droits de participation aux distributions selon la loi du Delaware. Chaque action ordinaire en circulation a droit à une voix. Cette information a été divulguée en conformité avec la loi suédoise sur les instruments financiers.
Autoliv (NYSE: ALV), der globale Marktführer im Bereich der Fahrzeugsicherheitssysteme, hat eine Reduzierung seiner insgesamt ausgegebenen Aktien bekannt gegeben. Stand 30. September 2024 beläuft sich die Anzahl der ausgegebenen Stammaktien des Unternehmens auf 83.487.293 mit 78.750.609 ausstehenden Aktien. Diese Änderung resultierte aus der Rücknahme von 1.329.322 zurückgekauften Aktien im Laufe des Quartals.
Autoliv hält nun 4.736.684 Stammaktien im eigenen Bestand, die kein Stimmrecht und kein Recht auf Teilnahme an Ausschüttungen nach dem Recht von Delaware haben. Jede ausstehende Stammaktie hat Anspruch auf eine Stimme. Diese Informationen wurden gemäß dem schwedischen Gesetz über den Handel mit Finanzinstrumenten veröffentlicht.
- Reduction in total number of issued shares, potentially increasing value per share
- Retirement of 1,329,322 repurchased shares, indicating a share buyback program
- None.
Insights
Autoliv's retirement of 1,329,322 repurchased shares is a strategic move that impacts the company's capital structure. This action reduces the total number of issued shares to 83,487,293, with 78,750,609 outstanding. The decrease in share count can potentially lead to:
- Increased earnings per share (EPS), as profits are distributed among fewer shares
- Enhanced shareholder value, as each remaining share represents a larger ownership stake
- Improved return on equity (ROE), a key metric for investors
However, the impact on stock price may be , as this was likely an expected outcome of the ongoing share repurchase program. The 4,736,684 treasury shares held by Autoliv provide flexibility for future corporate actions without immediate dilution. Overall, this move aligns with shareholder-friendly capital management practices but doesn't significantly alter the company's fundamental outlook.
Autoliv retired 1,329,322 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 83,487,293 issued shares of common stock of which 78,750,609 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares, Autoliv holds 4,736,684 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 September 30, 2024, 08:00 CET.
Inquiries:
Investors & Analysts: ir@autoliv.com
Anders Trapp, Tel +46 (0)8 587 206 71 or Henrik Kaar, Tel +46 (0)8 587 206 14
Media: media@autoliv.com
Gabriella Etemad, Tel +46 (0)8 58 720 602 or Emelie Ericson +46 (0)8 58 720 635
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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