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Stock impact report

Genuine Parts stock soars on potential breakup consideration [Yahoo! Finance]

Genuine Parts Company (GPC) 
Last genuine parts company earnings: 2/19 08:40 am Check Earnings Report
US:NYSE Investor Relations: genuineparts.investorroom.com
Company Research Source: Yahoo! Finance
The Atlanta-based company is exploring options to separate its industrial parts business from its automotive parts division, according to Bloomberg, citing people familiar with the matter. The company is evaluating various scenarios for its auto parts business, including a potential spinoff. The automotive segment generated approximately 63% of the company's sales last year. This potential restructuring comes shortly after Genuine Parts settled with activist investor Elliott Investment Management. Earlier this month, the company added new directors to its board as part of a cooperation agreement with Elliott, which included a commitment to review "operational and strategic value creation initiatives." As part of the board refreshment, Genuine Parts appointed Courtney Carruthers, former President and CEO of TricorBraun, and Matt Carey, former EVP at The Home Depot, as independent directors effective September 4, 2025. These appointments coincided with the retirement of two long-se Show less Read more
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