Exact Sciences Shareholders Approve Abbott Acquisition; Abbott Declares $0.63 Dividend

ABTABT

Exact Sciences stockholders have approved Abbott’s proposed acquisition, clearing a key merger vote requirement. Abbott also declared its 409th consecutive quarterly dividend of $0.63 per share.

1. Shareholder Approval of Exact Sciences Acquisition

Exact Sciences stockholders voted to approve Abbott’s proposed acquisition, satisfying a critical vote requirement for the all-stock merger. The approval moves the transaction past a major hurdle and edges the deal closer to closing under its defined timeline.

2. Declaration of 409th Consecutive Dividend

Abbott’s board declared a quarterly common dividend of $0.63 per share, marking the company’s 409th consecutive quarterly payout. The steady dividend track reflects Abbott’s commitment to returning capital to shareholders.

Sources

PB