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Genuine Parts Co (GPC.N)

GPC.N on New York Stock Exchange

99.83USD
16 Feb 2018
Change (% chg)

$-1.08 (-1.07%)
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$100.91
Open
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Volume
345,514
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Latest Key Developments (Source: Significant Developments)

Genuine Parts announces industrial and automotive acquisitions
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Genuine Parts Co :Genuine Parts Company announces industrial and automotive acquisitions.Genuine Parts Co - ‍Deal adds approximately $125 million in annual revenue​.Genuine Parts Co - ‍Company expects Apache to generate estimated annual revenues of $100 million​.Genuine Parts Co - ‍Addition of Monroe will consolidate into U.S. Automotive operations, expected to generate approximate annual revenues of $25 million​.Genuine Parts Co - ‍In addition, co entered definitive agreement to acquire Monroe Motor products, with an effective close date of November 1, 2017​.  Full Article

Genuine Parts Company Q3 earnings per share $1.08
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Genuine Parts Co :Genuine Parts Company reports sales and earnings for the third quarter ended September 30, 2017.Q3 earnings per share $1.08.Q3 sales $4.1 billion versus I/B/E/S view $4.1 billion.Q3 earnings per share view $1.28 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $4.55 to $4.60.Sees FY 2017 earnings per share $4.47 to $4.52.Q3 adjusted earnings per share $1.16 excluding items.Sees FY 2017 sales up 4 to 4.5 percent.FY2017 earnings per share view $4.73, revenue view $15.99 billion -- Thomson Reuters I/B/E/S.Updates 2017 outlook​.Q3 profitability impacted by lower gross margin, higher operating expenses, co's margin expansion initiatives did not meet expectations​.  Full Article

Genuine Parts Co announces additional 15 mln share repurchase program
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Genuine Parts Co :Genuine parts company announces new board member, declares regular quarterly dividend and announces additional 15 million share repurchase program.Genuine parts co - ‍company has increased number of shares of its common stock authorized for repurchase by 15 million shares​.Genuine parts co says board of directors elected P. Russell Hardin as a new independent director of company.  Full Article

Genuine Parts announces 2 deals adding $70 mln in revenue
Wednesday, 22 Jun 2016 

Genuine Parts Co : Addition of auto-camping is expected to generate annual revenues of approximately $50 million . Addition of auto-camping is expected to generate annual revenues of approximately $50 million (usd) . To acquire auto-camping, ltd. And select assets within janitorial and sanitation business of Rochester Midland Corporation . Jan/San business is expected to generate incremental annual revenues of approximately $20 million . Plans to integrate jan/san business into impact products division of s.p. Richards, growing facilities, breakroom supplies product offering .Genuine Parts Company announces two acquisitions adding $70 million in annual revenue.  Full Article

Genuine Parts Co Co names Paul Donahue CEO
Monday, 25 Apr 2016 

Genuine Parts Co:Genuine Parts Company announces new chief executive officer.Board of directors elected Paul Donahue to position of president and chief executive officer.Names Paul Donahue as president and chief executive officer of company, effective may 1, 2016.  Full Article

BRIEF-Genuine Parts announces industrial and automotive acquisitions

* Genuine Parts Company announces industrial and automotive acquisitions