TSX:GIL - Post Discussion
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)
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