Autoliv, Inc. Buyback
OLI recorded this information on 8/13/2013
Share Amount Authorized:
In addition the Board renewed a mandate to repurchase up to 3.2 million common shares. Autoliv management can, subject to legal requirements, now initiate buy backs of Autoliv shares opportunistically at their own discretion. The intent is to from time to time repurchase shares in the open market or otherwise. The mandate to repurchase the shares was first announced on November 8, 2007.
Autoliv is a holding company. Through its subsidiaries, Autoliv AB and Autoliv ASP, Inc., Co. develops, manufactures and supplies automotive safety systems to the automotive industry with a range of product offerings, primarily passive safety systems. Passive safety systems are primarily to improve vehicle safety. Passive safety systems include modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters and protection systems for road users. Co.'s business is conducted in the following geographical regions, Europe, the Americas, China, Japan and the Rest of Asia.
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Hold (2.42 out of 4)