ATLANTA — The Board of Directors of Genuine Parts Co. (GPC) has declared a regular quarterly cash dividend of thirty-three and three quarter cents ($.3375) per share on the company’s common stock. The dividend is payable Oct. 2, to shareholders of record Sept. 8.

Tom Gallagher, GPC’s chairman, president and chief executive officer, also announced that the company has increased the number of shares of its common stock authorized for repurchase by 15 million shares.

GPC’s share repurchase program originally authorized the repurchase of 15 million shares in August 1994 and an additional 15 million shares were authorized in April 1999. Through the current date, the company has purchased 29 million shares under this program and remains authorized to complete the purchase of the 1 million shares outstanding.