06:34 AM EDT, 06/04/2025 (MT Newswires) -- Autoliv ( ALV ) said Wednesday it has reiterated its 2025 guidance for organic sales growth of about 2% and a long-term target of 4% to 6% on average over a period of more than 10 years.

The auto-safety equipment manufacturer also said it approved a new stock repurchase program of up to $2.5 billion, effective July 1 through the end of 2029. The new buyback plan terminated any remaining amounts under a previous buyback scheme launched in 2022.

The company also declared a quarterly dividend of $0.85 per share, payable Sept. 23 to shareholders of record on Sept. 5. The latest dividend was up from the prior dividend of $0.70 per share.