Share Repurchases On February 23, 2006, the company announced that its Board of Directors authorized an additional $500 million for its share repurchase program.
During the first quarter, the company purchased 21.7 million shares for $389 million. Since October 2004, the company has utilized $3.4 billion to repurchase about 168 million shares.
Webcast and Conference Call Information Sabrina Simmons, Senior Vice President, Treasury and Investor Relations, will host a summary of Gap Inc.'s first quarter results in a live conference call and real-time webcast at approximately 5:00 p.m. Eastern time To access the conference call, please dial (800) 374-0168 or (706) 634-0994 for international callers.