secwatch.observer — SEC 8-K summary
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Issuer:     AUTOLIV INC (ALV)
CIK:        0001034670
Form:       8-K
Filed at:   2026-05-11T15:31:29+00:00
Accession:  0001193125-26-216107
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.05, 2.06, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Autoliv to close Türkiye plants, incur $142M pre-tax charge; cuts 2,200 jobs
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- Closing steering wheel, airbag, and seatbelt plants in Türkiye; production moved to other EMEA sites.
- Expected pre-tax charge ~$142M, majority in Q2 2026; $13M non-cash write-offs, $129M cash for severance.
- Annual pre-tax benefit of $40M beginning 2027, fully realized by 2028.
- ~2,200 employees affected; closure anticipated by first half of 2028.
- Board declared Q2 dividend of $0.87 per share, payable June 8, 2026 to holders of record May 20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/alv-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-216107

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