STOCKHOLM, Feb 20, 2017 /PRNewswire/ --
Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader
in automotive safety systems, today announced that its Board of
Directors has declared a quarterly dividend of 60 cents per share for the second quarter 2017,
an increase of 2 cents per share from
the previous level.
The dividend will be payable on Thursday,
June 1, 2017 to Autoliv shareholders of record on the close
of business on Wednesday, May 17. The
ex-date will be Monday, May 15 for
holders of the common stock listed on the New York Stock Exchange
and Tuesday, May 16 for holders of
Swedish Depository Receipts (SDRs) listed on NASDAQ Stockholm.
Shareholders AGM
As previously announced, the Board of Directors has set
Tuesday, May 9, 2017, as the date for
the Annual General Meeting of Shareholders to be held in
Chicago, IL, USA
Only shareholders of record at the close of business on
March 13, 2017, will be entitled to
be present and vote at the 2017 Annual General Meeting. Notice of
the 2017 Annual General Meeting will be delivered to the holders of
record in late March.
All of the directors with terms expiring at the 2017 Annual
Meeting (Robert Alspaugh,
Jan Carlson, Aicha Evans, Leif
Johansson, David Kepler,
Franz-Josef Kortüm, Xiaozhi Liu,
James Ringler, Kazuhiko Sakamoto and Wolfgang Ziebart) will be nominated for
re-election at the 2017 Annual Meeting, with the exception of
George Lorch, who has informed the
Company that he will not stand for re-election at the 2017
Annual Meeting, as he has reached the retirement age set forth in
the Company's Corporate Governance Guidelines. George Lorch has served as a director of the
Company since 2003 and as Lead Independent Director since
May 2014. At the conclusion of Mr.
Lorch's service, the Board will appoint a new Lead Independent
Director. The Board will not fill the vacancy resulting from Mr.
Lorch's retirement and will accordingly reduce the size of the
Board to ten directors, effective immediately following the closing
of the polls for the election of directors at the 2017 Annual
Meeting.
Inquiries:
Thomas Jönsson,
Vice President Corporate Communications,
Tel: +46-8-58-72-06-27
This information is information that Autoliv, Inc. is obliged to
make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the contact
person set out above, at 08.30
AM CET on February
20, 2017.
This information was brought to you by Cision
http://news.cision.com
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SOURCE Autoliv