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Fly News Breaks for December 8, 2017
Dec 8, 2017 | 06:57 EDT
BofA/Merrill analyst Heather Balsky reinstated Gildan Activewear with a Buy and $37 price target. The analyst forecasts sales and margin expansion with significant shareholder returns and for Printwear segment to benefit from recent investments.
News For GIL From the Last 2 Days
Mar 23, 2018 | 16:47 EDT
Gildan Activewear announced that, in connection with its previously announced normal course issuer bid to purchase for cancellation up to 10,960,391 common shares of the company, it entered into an automatic share purchase plan with a designated broker to allow for the purchase of common shares under the NCIB at times when the company would ordinarily not be permitted to purchase its common shares due to regulatory restrictions or self-imposed blackout periods.
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