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The Board of Directors of the worldwide leader in automotive safety systems, Autoliv Inc. (STO:ALIVSDB)(NYSE:ALV), today declared a quarterly dividend of 47 cents per share for the third quarter 2012.
The dividend will be payable on Thursday, September 6, 2012 to Autoliv shareholders of record on the close of business on Wednesday, August 22. The ex-date when the shares will trade without the right to the dividend will be Monday, August 20.
At the Company’s Annual General Meeting (AGM) of Stockholders in Chicago, held today, May 8, sufficient votes in favor were received to approve the following proposals:
- The re-election of Dr. Xiaozhi Liu, Mr. George A. Lorch, Mr. Kazuhiko Sakamoto and Dr. Wolfgang Ziebart as directors of the Board for a regular three-year term ending at the Annual General Meeting in 2015, with each of them receiving a majority of the votes cast on his or her election;
- The non-binding resolution to approve the Company’s 2011 executive compensation;
- The proposed amendments to the 1997 Stock Incentive Plan;
- The ratification of the appointment of Ernst & Young AB as Autoliv’s independent auditing firm for the fiscal year ending December 31, 2012.
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 more than 80 facilities with nearly 50,000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2011 grew by 15% to US $8.2 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