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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Allianz AG | TG:ALV | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.89999 | 0.30% | 297.40 | 297.00 | 297.70 | 298.90 | 296.30 | 296.70 | 49,721 | 22:50:02 |
DOW JONES NEWSWIRES
Autoliv Wednesday said it is suspending its quarterly dividend to further preserve cash as a precautionary measure in the current turmoil in the auto industry.
MAIN FACTS:
- Global light vehicle production has continued to decline and it is impossible to asses how long the current recession in vehicle production will continue.
- In the current environment, there is also risk for customer payment defaults.
- The Autoliv board has therefore decided to suspend the Company's quarterly dividend for the second quarter.
- This decision is in addition to several other cash-enhancing steps already taken by management.
-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com
1 Year Allianz Chart |
1 Month Allianz Chart |
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