Autoliv's Strategic Share Retirement Impacts Voting Rights and Distributions

01-07-2025


Autoliv, Inc., the global leader in automotive safety systems, has announced the retirement of 510,361 shares of common stock that were repurchased during the quarter. This move has led to a decrease in the total number of issued shares, now standing at 79,404,229, with 76,807,215 shares outstanding. Each outstanding share retains its entitlement to one vote, underscoring the company's commitment to maintaining a transparent and equitable shareholder structure.

The retirement of these shares has also adjusted Autoliv's treasury stock holdings to 2,597,014 shares. Under Delaware law, these treasury shares do not carry voting rights or rights to participate in distributions. This strategic financial management reflects Autoliv's ongoing efforts to optimize its capital structure and enhance shareholder value, in line with its broader corporate objectives.

This disclosure by Autoliv is in compliance with the Swedish Financial Instruments Trading Act, highlighting the company's adherence to regulatory requirements and its dedication to transparency. The information was made public on June 30, 2025, at 08:00 CET, through the designated contact persons, ensuring timely and accurate communication to the market and its stakeholders.

Autoliv's role as a pioneer in automotive safety systems is well-documented, with its products saving approximately 37,000 lives and reducing around 600,000 injuries in 2024 alone. With operations in 25 countries and a workforce of 65,000 employees, the company continues to drive innovation in mobility safety solutions. The retirement of repurchased shares is a testament to Autoliv's strategic financial planning and its unwavering focus on delivering value to its shareholders while advancing its mission of Saving More Lives.

Other news

Saxon Postpones Summer Tour as Frontman Biff Byford Requires Emergency Surgery

{'$date': '2025-07-01T20:51:24.081Z'}


Saxon, the iconic British heavy metal band, has announced the cancellation of ten summer shows across Europe as their frontman, Biff Byford, is set to undergo emergency surgery. The band's management emphasized that the health and well-being of the band members are of utmost importance, leading to this difficult decision. The affected dates span from July 12 at the Area 53 Festival in Austria to August 16 at the Summer Breeze Festival in Germany.

The band expressed their disappointment at not being able to perform for their fans during this period but remains hopeful for a swift recovery. Saxon is looking forward to resuming their tour in time for the Trutnoff Open Air Festival in the Czech Republic on August 23 and the Neuborn Open Air on August 29. Additionally, the band has plans for tours in Spain, France, and the UK later in the year, which are expected to proceed as scheduled.

Fans holding tickets for the cancelled shows, including the Swedish club shows on July 24, 26, and 27, are advised to seek refunds from their point of purchase. Saxon is working closely with promoters to reschedule the other affected dates and has apologized for any inconvenience caused to their loyal fanbase.

Despite the cancellations, Saxon's performance at the Rockharz Festival in Ballenstedt, Germany, on July 2 will go ahead as planned. The band and their management have asked for patience and understanding from fans during this challenging time, as they prioritize Biff Byford's health and recovery.