LEAR CORPORATION (NYSE:LEA) Files An 8-K Other Events
Item8.01 Other Events.
On February13, 2017, Lear Corporation (the Company) announced
that its Board of Directors has declared a $0.50 per share
quarterly cash dividend on the Companys common stock and
authorized an increase in the Companys share repurchase
authorization to $1 billion and extended the authorization until
December31, 2019.
Additionally, on February13, 2017, the Company announced that its
2017 annual meeting of stockholders will be held at the Companys
Corporate Headquarters at 21557 Telegraph Road, Southfield,
Michigan 48033, on May18, 2017, at 9:00 a.m. Eastern Time. The
record date for determination of stockholders entitled to notice
of, and to vote at, the 2017 annual meeting of stockholders is
March23, 2017.
A copy of the press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference.
Section9 Financial Statements and Exhibits
Item9.01 Financial Statements and Exhibits.
| (d) | Exhibits: |
|
ExhibitNo. |
Description |
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| 99.1 | Press Release issued February 13, 2017 |
2
About LEAR CORPORATION (NYSE:LEA)
Lear Corporation (Lear) is a supplier to the global automotive industry. The Company is engaged in supplying seating, electrical distribution systems and electronic modules, as well as related sub-systems, components and software, to automotive manufacturers. The Company operates through two segments: seating and electrical. The seating segment consists of the design, development, engineering, assembly and delivery of seat systems, as well as the design, development, engineering and manufacture of seat components, including seat covers and surface materials. Its electrical segment consists of the design, development, engineering and manufacture of electrical distribution systems that route electrical signals and manage electrical power within a vehicle. It has over 240 manufacturing, engineering and administrative locations in approximately 40 countries. It has automotive content on over 350 vehicle nameplates across the world. LEAR CORPORATION (NYSE:LEA) Recent Trading Information
LEAR CORPORATION (NYSE:LEA) closed its last trading session up +0.90 at 141.35 with 454,482 shares trading hands.