Gildan Activewear Inc. announces an Equity Buyback for 9,926,177shares, representing 5% of its issued share capital.

Gildan Activewear Inc. (TSX:GIL) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 9,926,177 common shares, representing 5% of its outstanding shares. The shares repurchased will be cancelled.

The bid will expire on August 8, 2022. As of July 31, 2021, the company had 198,523,552 common shares issued and outstanding.