Autoliv says increasing share buyback pace

Newswire

STOCKHOLM, July 30 (Reuters) - Autoliv , the world's biggest maker of air bags and seat belts, said on Wednesday it would step up the pace of its share buyback programme. Autoliv said in a statement it was increasing the rate of share repurchases given the current share price of the company. It said the current repurchase mandate authorises management to repurchase another 4.9 million shares at a pace it deems best. "Simply put, we aim to buy more shares when we believe the timing is ...

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