Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

Share Repurchase and Issued Shares - Autoliv retired 1,309,606 shares of common stock that had been repurchased during the quarter, resulting in a decrease in the issued shares [1] - The total number of issued shares of common stock is now 84,816,615, with 80,079,757 shares outstanding [1] - After the retirement of the repurchased shares, Autoliv holds 4,736,858 shares of common stock in treasury, which have no voting rights or rights to participate in distributions under Delaware law [1] Company Overview - Autoliv is the worldwide leader in automotive safety systems, developing, manufacturing, and marketing protective systems such as airbags, seatbelts, and steering wheels for major automotive manufacturers [2] - The company also provides mobility safety solutions, including pedestrian protection, connected safety services, and safety solutions for riders of powered two-wheelers [2] - In 2023, Autoliv's products saved 35,000 lives and reduced more than 450,000 injuries [2] Operational and Financial Highlights - Autoliv has 70,000 associates in 25 countries and operates 14 technical centers with 20 test tracks [3] - The company's sales in 2023 amounted to $10.5 billion [3] - Autoliv is committed to driving innovation, research, and development to sustainably deliver leading safety solutions [3]