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:
May 9, 2000
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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) 587 20 600
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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 May 9, 2000, Autoliv, Inc. (the "Company") issued a
press release, which is attached hereto as Exhibit 99.1 and is
hereby incorporated by reference.
99.1. Press release, dated May 9, 2000, 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: May 9, 2000 AUTOLIV, INC.
By: /s/ Joergen Svensson
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Joergen Svensson
Vice President - Legal
Affairs, General Counsel
and Secretary
EXHIBIT INDEX
Exhibit
Number Description
99.1. Press release, dated May 9, 2000, issued by the
Company.
EXHIBIT 99.1
AUTOLIV
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Autoliv to Buy Back Stock
(Stockholm, May 9, 2000) - Autoliv Inc. (NYSE: ALV and SSE: ALIV) -
the world-wide leader in automotive safety systems - today announced
that its Board of Directors has approved a stock repurchase program authorizing
the repurchase by the company of up to ten million shares of its outstanding
common stock. Autoliv has approximately 102 million shares of common stock
outstanding. Purchases will be made from time to time as market and business
conditions warrant, in open market, negotiated or block transactions.
- - We believe that market conditions have created an attractive opportunity to
repurchase Autoliv shares. It should be an efficient way to utilize Autoliv's
strong cash flow to enhance our company's earnings per share, said
Mr. Lars Westerberg, President and Chief Executive Officer.
Inquiries:
Mats Odman, Dir. Corp. Comm., Tel. +46 (8) 58 72 06 23, or
mob. +46 (708) 32 09 33
Barry Murphy, Director Investor Relations, Tel. +1 (248) 475-0409
Website: www.autoliv.com
