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Tag: share repurchase authorization

Gap’s Board of Directors approved new $1 billion share repurchase authorization for the company’s common stock

Company Also Increases Annual Dividend for Sixth Consecutive Year SAN FRANCISCO, 2015-2-27 — /EPR Retail News/ — 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 and plans to increase its annual dividend, reinforcing the company’s commitment to returning excess cash to shareholders. The new…

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