SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
August 5, 1997
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AUTOLIV, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
001-12933 (51-037854)
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(Commission File Number) (IRS Employer Identification No.)
World Trade Center
Klarabergsviadukten 70
S-107 24 Stockholm
Sweden
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(Address of principal executive offices)
46 (8) 402 0600
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Registrant's Telephone Number, Including Area Code
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On August 5, 1997, Autoliv, Inc. (the "Company") issued a
press release, which is attached hereto as Exhibit 99.1 and is
hereby incorporated by reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits.
99.1. Press release, dated August 5, 1997, issued by the
Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
Date: August 5, 1997 AUTOLIV, INC.
By: /s/ Joergen Svensson
Joergen Svensson
Vice President - Legal
Affairs, General Counsel
and Secretary
EXHIBIT INDEX
Exhibit
Number Description
99.1. Press release, dated August 5, 1997, issued by the
Company.
EXHIBIT 99.1
[AUTOLIV, INC. LETTERHEAD]
PRESS RELEASE
Autoliv Declares Dividend And Adopts Rights Plan
(Stockholm, Aug. 5, 1997) -- The Board of Directors of Autoliv
Inc. (NYSE: ALV and SSE: ALIV), a world-leading automotive safety
company, has today declared a dividend of US$ 0.11 per share of
common stock payable on December 4, 1997, to the Autoliv
stockholders of record at the close of business on November 6,
1997.
Autoliv Inc. intends to make payments of dividends four times per
year on the first Thursday in the months of September, December,
March and June, provided these days are banking days. The
previous dividend, which was declared on July 8, will be paid on
September 4.
The Board has furthermore adopted a Shareholder Rights Plan
designed to deter coercive takeover tactics and to encourage third
parties interested in acquiring Autoliv Inc. to negotiate with the
Board of Directors to preserve the best interest of all Autoliv
stockholders. To implement the Plan a right will be distributed
on December 4, 1997, for each share of Autoliv's common stock to
holders of record at the close of business on November 6, 1997.
The Plan was not adopted in response to any effort to acquire
control of Autoliv and Autoliv is not aware of any such effort.
Stockholders will receive comprehensive information by mail.
For further information, contact:
- Mats Oedman, Director Investor Relations, Autoliv, Tel. +46 (8)
402-0623 or +46 (70) 832-0933
