Autoliv Retires Over 1.23M Repurchased Common Shares; ~84.15M Remain Outstanding
Portfolio Pulse from Benzinga Newsdesk
Autoliv has retired over 1.23 million of its repurchased common shares, leaving approximately 84.15 million shares remaining outstanding.
September 29, 2023 | 8:02 am
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POSITIVE IMPACT
Autoliv's retirement of over 1.23 million repurchased shares could potentially increase the value of the remaining shares.
The retirement of repurchased shares reduces the number of shares outstanding, which could potentially increase the value of the remaining shares due to the reduced supply. This could have a positive impact on Autoliv's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100