Gap (GPS) Authorizes New $500M Buyback
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Price: $20.22 +0.55%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.6%
Revenue Growth %: -0.3%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.6%
Revenue Growth %: -0.3%
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Gap Inc. (NYSE: GPS) today announced that its Board of Directors approved a new $500 million share repurchase program, effective immediately. Year to date, the company has repurchased about 107 million shares for $2 billion, underscoring the company’s continued commitment to returning cash to shareholders.
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