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

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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