Gildan Activewear Inc. (GIL)
| Previous Close | 34.89 |
| Open | 35.02 |
| Bid | 35.77 x 900 |
| Ask | 35.80 x 1300 |
| Day's Range | 34.88 - 35.83 |
| 52 Week Range | 26.98 - 38.87 |
| Volume | |
| Avg. Volume | 826,151 |
| Market Cap | 6.023B |
| Beta (5Y Monthly) | 1.62 |
| PE Ratio (TTM) | 11.79 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.82 (2.35%) |
| Ex-Dividend Date | Mar 12, 2024 |
| 1y Target Est | N/A |
- Reuters
UPDATE 1-Apparel maker Gildan recommends two Browning West nominees to board
Canada's Gildan Activewear on Monday recommended the election of two nominees of U.S.-based activist fund Browning West to the company's board, ahead of its annual and special shareholder meeting on May 28. The clothing maker's board has been clashing with Browning West, which owns 5% of Gildan, following the ouster of co-founder and CEO Glenn Chamandy in December. In January, Browning West escalated its fight with Gildan, expanding its slate to eight candidates from five and called an annual and special shareholder meeting to replace a majority of its board members and reinstate Chamandy as CEO.
- The Canadian Press
Gildan replacing five directors ahead of AGM, will back two Browning West nominees
MONTREAL — Gildan Activewear Inc. is making changes to its board of directors in an attempt to head off a move by an activist shareholder looking to replace a majority of the board at its annual meeting next month. U.S. investment firm Browning West wants to replace eight of Gildan's 12 directors with its own nominees in a move to bring back founder Glenn Chamandy as chief executive. Gildan, which announced late last year that Chamandy would be replaced by Vince Tyra, said Monday it will replace
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