GAP INC
For the period ended May 3, 2025. Filed May 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 3, 2025 · Filed May 30, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
The following table presents information with respect to purchases of common stock of the Company made for the 13 weeks ended May 3, 2025 by the Company or any affiliated purchaser, as defined by Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, as amended:
| Total Number of SharesPurchased (1) · AveragePrice PaidPer ShareIncludingCommissions · Total Numberof SharesPurchased asPart of PubliclyAnnouncedPlans orPrograms · Maximum Number(or approximatedollar amount) ofShares that MayYet be PurchasedUnder the Plans orPrograms (2) | |||||
|---|---|---|---|---|---|
| Month #1 (February 2 - March 1) | — | $— | — | $401 | million |
| Month #2 (March 2 - April 5) | 2,421,057 | $19.66 | 2,421,057 | $353 | million |
| Month #3 (April 6 - May 3) | 1,188,000 | $18.45 | 1,188,000 | $331 | million |
| Total | 3,609,057 | $19.26 | 3,609,057 | ||
(1)Excludes shares withheld to settle employee tax withholding payments related to the vesting of stock units.
(2)In February 2019, the Board approved a $1 billion share repurchase authorization, which has no expiration date.
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