Aptiv says board voted to suspend dividend of about $225 mln annually

Aptiv provides covid-19-related business update.aptiv plc - financial position is very strong.aptiv - prudent to further enhance financial flexibility & liquidity by drawing down all remaining amounts,about $1.4 billion,on revolving credit facility.aptiv plc - with additional funds, co will have cash on hand of about $1.7 billion & $2.0 billion outstanding under existing revolver facility.aptiv plc - board also voted to suspend co's dividend of about $225 million annually.aptiv plc - co has determined to withdraw guidance at this time.aptiv plc - will provide a business update on its q1 earnings call next month.
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