Brief: Gildan Activewear Announces Increase Of Normal Course Issuer Bid
May 29 (Reuters) - Gildan Activewear Inc GIL.TO :
* GILDAN ACTIVEWEAR ANNOUNCES INCREASE OF NORMAL COURSE
ISSUER BID
* HAS NOW APPROVED RESUMPTION OF SHARE REPURCHASES AND AN
AMENDED
NORMAL COURSE ISSUER BID (NCIB)
* GILDAN ACTIVEWEAR - COMMITTED TO RETURNING CAPITAL TO
SHAREHOLDERS VIA SHARE BUYBACKS AND DIVIDENDS AS A KEY ELEMENT
OF ITS CAPITAL ALLOCATION PROGRAM
* GILDAN - PRICE TO BE PAID BY GILDAN FOR ANY COMMON SHARES
WILL
BE MARKET PRICE AT TIME OF ACQUISITION
Source text for Eikon: ID:nGNX2DPshC
Further company coverage: GIL.TO
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Gildan Activewear
See all newsCanada Research Roundup: Athabasca Oil, Element Fleet Management, MDA Space
Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear (updated)
Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear
Canada Stocks: TSX falls to eight-day low as US rate hike prospects hit mining shares
Gildan Activewear Inc reports results for the quarter ended June 30 - Earnings Summary