Gap Inc. Announces Share Repurchase Authorization and Dividend

Go back to Gap Inc. Announces Share Repurchase Authorization and Dividend

Gap, Inc. (GPS) Announces New $1B Buyback; Declares $0.23 Quarterly Dividend

February 25, 2016 4:20 PM EST

Gap, Inc. (NYSE: GPS) announced that its Board of Directors approved a new $1 billion share repurchase authorization for the companys common stock, superseding the existing authorization dated February 26, 2015.

Strong and consistent cash generation is a trademark of our business, with 2015 free cash flow totaling... More

Gap, Inc. (GPS) Announces New $1B Buyback; Declares $0.23 Quarterly Dividend

February 25, 2016 4:20 PM EST

Gap, Inc. (NYSE: GPS) announced that its Board of Directors approved a new $1 billion share repurchase authorization for the companys common stock, superseding the existing authorization dated February 26, 2015.

Strong and consistent cash generation is a trademark of our business, with 2015 free cash flow totaling... More

Gap, Inc. (GPS) Reports In-Line Q4 EPS, Guides FY16 EPS Below the Street

February 25, 2016 4:19 PM EST

Gap, Inc. (NYSE: GPS) reported Q4 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $4.39 billion versus the consensus estimate of $4.46 billion.

Comparable Sales Results

The companys fourth quarter fiscal year 2015 comparable sales were down 7 percent versus... More