Financial Stability
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GAC Group: Dealers to Receive Rebates Within Two Months
GAC Group announced it will finalize dealer rebates within two months to bolster the automotive supply chain’s financial stability. This move, aligning with regulatory trends and calls for a healthier ecosystem from the China Automobile Dealers Association, follows similar commitments from other automakers. The initiative aims to foster high-quality development within the sector, with industry observers watching for similar actions from other major players like FAW Group and Dongfeng Motor.
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Abbott Announces 406th Straight Quarterly Dividend
Abbott announced its 406th consecutive quarterly dividend of $0.59 per share, payable August 15, 2025. This marks 53 consecutive years of dividend increases, highlighting Abbott’s financial strength and its inclusion in the S&P 500 Dividend Aristocrats Index. The consistent payouts, starting in 1924, underscore the company’s commitment to shareholder value.