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Gap Inc. Buyback

OLI recorded this information on 2/25/2016

Company: Gap Inc.
Buyback: GPS buyback
$Amount Authorized: $1,000,000,000
Buyback Details: Gap Inc. (NYSE:GPS) today announced that its Board of Directors approved a new $1 billion share repurchase authorization for the company's common stock, superseding the existing authorization dated February 26, 2015.

The Gap is a collection of lifestyle brands providing apparel, accessories, and personal care products for women, men, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Co. is an omni-channel retailer, with sales to customers both in stores and online, through Co.-operated and franchise stores, Co.-owned websites, and third-party arrangements. Co. has Co.-operated stores in the U.S, Canada, Japan, Italy, China, Taiwan, and Mexico. Co. also has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Banana Republic, and Athleta stores throughout Asia, Europe, Latin America, the Middle East, and Africa.

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Company Name:  The Gap Inc
Stock buyback:  GPS buyback
Website:  www.gapinc.com
Sector:  Apparel Stores
Number of ETFs Holding GPS:  62
Total Market Value Held by ETFs:  $772.83M
Total Market Capitalization:  $8.74B
% of Market Cap. Held by ETFs:  8.85%
 

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April 16, 2024    5:16 AM Eastern
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Buy (2.56 out of 4)
7th percentile
(ranked lower than approx. 93% of all stocks covered)

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