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. The Company’s 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, sports shirts, polos and... see more

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TSX:GIL - Post Discussion

Gildan Activewear Inc > Normal Course Issuer Bid

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Post by Betteryear2 on Feb 21, 2024 7:02am

Normal Course Issuer Bid

Under its current normal course issuer bid ("NCIB") that commenced on August 9, 2023, and will end on August 8, 2024, Gildan is authorized to repurchase for cancellation up to 8,778,638 common shares, representing 5% of Gildan’s issued and outstanding shares as of July 31, 2023. The NCIB is conducted by means of purchases through the facilities of the TSX and the NYSE and through alternative Canadian trading systems. During the period from August 9, 2023 to February 20, 2024, Gildan purchased for cancellation a total of 8,571,018 common shares, representing 4.9% of the Company’s issued and outstanding common shares as at July 31, 2023.