Send us Feedback

Gap (GPS)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

GPS » Topics » Share Repurchases and Dividend

This excerpt taken from the GPS 8-K filed Feb 23, 2006.

Share Repurchases and Dividend

 

In a separate release today, the company announced that its Board of Directors has authorized an additional $500 million for its share repurchase program, effective immediately. The company expects to repurchase $250 million of this authorization within the first half of fiscal year 2006. Since 2004, the company has completed $3 billion of share repurchases for about 146 million shares.

 

The company and its Board of Directors intend to significantly increase the annual dividend per share from $0.18 in fiscal year 2005 to $0.32 for fiscal year 2006. The dividend is expected to be paid quarterly in late April, July, October and January.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki