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Autoliv (ALV -4.03%) reported its second-quarter results on July 18, announcing net sales that were up 4% year over year to a record $2.7 billion, a 14% increase in adjusted operating income to $251 million, and an 80 basis point improvement in adjusted operating margin to 9.3%. The company increased its quarterly dividend to $0.85 per share and reaffirmed its annual stock repurchase ambitions of $300 million to $500 million.