Bullboard - Stock Discussion Forum Gildan Activewear Inc T.GIL

Alternate Symbol(s): GIL

Gildan Activewear Inc. is a vertically integrated manufacturer of everyday basic apparel, including activewear, underwear, and hosiery products. Its primary product categories include activewear tops and bottoms (activewear), socks (hosiery), and underwear tops and bottoms (underwear). Its activewear product lines include T-shirts, fleece tops and bottoms, and sports shirts. Its hosiery product... see more

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Gildan Activewear Inc > Gildan Activewear Increase of Normal Course Issuer Bid

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Post by Betteryear2 on May 29, 2024 7:08pm

Gildan Activewear Increase of Normal Course Issuer Bid

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital allocation program. As previously indicated, the Company planned on resuming share repurchases following the Annual General Meeting of shareholders which occurred on May 28, 2024. Consequently, Gildan’s newly reconstituted Board of Directors has now approved the resumption of share repurchases and an amended normal course issuer bid (NCIB).

Gildan Activewear Announces Increase of Normal Course (globenewswire.com)