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Stock Market & Financial Investment News

News Breaks
February 28, 2013
16:07 EDTGPSGap approves plan to raise yearly dividend
Gap announced that its Board of Directors has approved a plan to increase the company’s annual dividend per share by 20% from 50c in fiscal year 2012 to 60c in fiscal year 2013. The first quarterly dividend of 15c per share was declared for payment on or after May 1to shareholders of record at the close of business on April 10. Additional quarterly dividends are expected to be paid in July, October, and January.
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July 21, 2014
14:02 EDTGPSGap expands brand to Slovenia and Austria
Gap announced that it will introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat International has been selected for the launch of Slovenia and Gottex, which currently manages the Gap franchise business in Israel and Hungary, will launch Austria. Gap has signed a new agreement with Magistrat International to open three stores for the first time later this year in the capital city of Ljubljana. City Park. All locations are scheduled to open by September this year. Gap will also open its first store in Vienna, Austria this October through an existing relationship with Gottex Brands, which is a part of the Trimera Group.

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