Tranche Update on The Gap, Inc.'s Equity Buyback Plan announced on February 26, 2019.
August 27, 2021 at 12:39 pm EDT
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From May 2, 2021 to July 31, 2021, the company has repurchased 1,752,028 shares, representing 0.46% for $55.28 million. With this, the company has completed the repurchase of 12,178,749 shares, representing 3.24% for $255.29 million under the buyback announced on February 26, 2019.
The Gap, Inc. is a specialty apparel company in America. The Company offers apparel, accessories and personal care products for women, men and children. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories and lifestyle products for men, women and children. It is an omni-channel retailer, with sales to customers both in stores and online, through Company-operated and franchise stores, websites, and third-party arrangements. Its omni-channel services, including buying online pick-up in store, order-in-store, find-in-store, and ship-from-store, as well as enhanced mobile-enabled experiences, are tailored across its collection of brands. Gap includes adult apparel and accessories, GapKids, babyGap, Gap Maternity, GapBody, and GapFit collections. Banana Republic is a premium lifestyle retailer celebrating exploration and self-expression through timeless quality, versatile fabrics, and exceptionally made womenswear, menswear, and home designs.
THE GAP, INC. 
