ALV

Autoliv (ALV) Votes on Key Proposals

Autoliv, Inc. has recently announced the results of its 2024 annual general meeting of stockholders, held on May 10, 2024. The company's annual general meeting voted for the approval of several key proposals, including the election of directors, a non-binding resolution to approve 2023 executive compensation, and the ratification of the appointment of an independent auditing firm for the fiscal year ending December 31, 2024.

The board also approved the membership of its standing committees, including the Audit and Risk Committee, the Leadership Development and Compensation Committee, and the Nominating and Corporate Governance Committee. Additionally, the board resolved that Jan Carlson will continue to serve as the chairman of the board.

In 2023, Autoliv's products saved 35,000 lives and reduced more than 450,000 injuries, with sales amounting to US $10.5 billion.

Furthermore, the company's 70,000 associates in 25 countries are passionate about the vision of saving more lives, with a focus on innovation, research, and development at their 14 technical centers and 20 test tracks.

Autoliv, Inc. continues to be a worldwide leader in automotive safety systems, challenging and redefining the standards of mobility safety to deliver leading solutions sustainably. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $122.03. For the full picture, make sure to review Autoliv's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS