Autoliv Holds Shareholders Meeting.STOCKHOLM -- Regulatory News: Autoliv Inc. (NYSE NYSE See: New York Stock Exchange :ALV ALV Arvonlisävero (Finnish: value added tax) ALV Avian Leukosis Virus ALV Andorra La Vella (capital of Andorra) ALV Autonomous Land Vehicle ALV Asta La Vista ALV Alvin, Texas ALV Air Launched Vehicle )(STO:ALIV ALIV A Life in Vain (band) ), the worldwide leader in automotive safety systems, today held its Annual General Meeting (AGM) of Shareholders in Chicago, Illinois. The shareholders approved all the proposals set forth in the company's proxy statement. This means that: -George A. Lorch, James M. Ringler, Kazuhiko Sakamoto and Dr. Wolfgang Ziebart were re-elected directors of the Board for a regular three-year term until the Annual General Meeting in 2012; -the appointment of Ernst & Young AB as Autoliv's independent auditing firm for the fiscal year ending December 31, 2009, was ratified and that; -the proposed amendments of the Company's Employee Stock Incentive Plan were approved. Dividend As previously announced, the Autoliv Board of Directors decided on February 17, 2009, to "suspend further dividend payments since the Company believes it is prudent to preserve cash in order to maintain a strong position in the current uncertain business environment". About Autoliv: 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 approximately 33,000 employees in 31 countries. In addition, the Company has 13 technical centers in 11 countries around the world, including 21 test tracks, more than any other automotive safety supplier. Sales in 2008 amounted to US $6.5 billion. The Company's shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE: ALV) and its Swedish Depository Receipts on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. (SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the : ALIV). This information was brought to you by Cision http://www.cisionwire.com |
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