Regulatory News:
The Board of Directors of Autoliv Inc. (NYSE: ALV
The dividend will be payable on Thursday, March 6, 2008 to Autoliv shareholders of record on the close of business on Thursday, February 7, 2008. The ex-date when the shares will trade without the right to the dividend, will be February 5. The dividend of 39 cents per share is unchanged compared to the dividend for the fourth quarter 2007.
In order to create value for its shareholders, Autoliv also has an active share repurchase program in addition to the quarterly dividends. Through this program, the Company has returned $1.3 billion to shareholders since the program was adopted in 2000 including $380 million during the last twelve months. During this 12-month period, Autoliv also paid quarterly dividends of $121 million. The total amount of more than $500 million represents a pay-out-ratio of 169% in relation to the Company's net income of $297 million for the period October 2006 through September 2007 and provides a total yield of 10.9% in relation to the Company's average market capitalization during the same period.
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 80 facilities with approximately 42,000 employees in 28 vehicle-producing countries. In addition, the Company has technical centers in twelve countries around the world, including 21 test tracks, more than any other automotive safety supplier. Sales in 2006 amounted to US $6.2 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).
This information was brought to you by Cision http://newsroom.cision.com
Contacts:
Mats Ödman, VP Corporate
Communications
Tel. +46 (0)8 58 72 06 23 or +46 (0)708 32 09 33
or
Ray
Pekar, Director Investor Relations and
Business Development
Tel.
+1 248 475 0427
