Home Markets Autoliv holds Capital Markets Day

Autoliv holds Capital Markets Day

2

STOCKHOLM, Nov. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, will hold a Virtual Capital Markets Day today. Throughout the day, members of Autoliv management will outline the company’s strategy, growth opportunities, financial plans and targets, its contribution to sustainable mobility, and the basis for a new stock repurchase program of up to $1.5 billion over the next three years.

“In the past two years, Autoliv has significantly reduced its cost base in a challenging market environment. We have implemented hundreds of cost efficiency projects, especially in production and supply chain, and we are ahead of the strategic plan we outlined in 2019. Our progress gives us the confidence to enter a new phase of increased shareholder returns, which, including current level of dividend and the new stock repurchase program, could be well above $2 billion over the coming three years” said

Click here for full article…finance.yahoo.com