GAP INC
For the period ended Aug 27, 2026. Filed Aug 27, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 27, 2026 · Filed Aug 27, 2026
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EX-99.1 · •Share Repurchases:
Share Repurchases:
In the second quarter, the Company completed its previously announced $200 million accelerated share repurchase program ("ASR"). Following the initial delivery of 6.9 million shares in the first quarter, the Company received an additional 1.4 million shares in May, resulting in aggregate repurchases under the program of 8.3 million shares.
In addition to the ASR, repurchased 9.3 million shares in the open market for $200 million during the second quarter.
The Company has $399 million remaining under its existing share repurchase authorization.
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