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Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders
MONTREAL, April 29, 2024 - Gildan Activewear Inc. (GIL; TSX and NYSE) made a significant announcement today as it filed its management proxy circular for the upcoming 2024 Annual Meeting of Shareholders. The circular, now available on various platforms, serves as a crucial document detailing the company’s current strategies and proposals to be discussed during the meeting scheduled for May 28, 2024.
The filing of the management proxy circular represents a significant milestone for Gildan Activewear as it provides shareholders with comprehensive information about the matters to be addressed at the annual meeting. Canadian securities regulatory authorities approved the circular, and it is now publicly accessible via the Canadian System for Electronic Document Analysis and Retrieval (SEDAR+), the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) website, and the Investor Relations section of Gildan Activewear’s website.
This proactive move reinforces the company’s commitment to transparency and good corporate governance, ensuring all stakeholders have access to accurate and up-to-date information. By sharing the circular publicly, Gildan Activewear invites shareholders to participate actively in the decision-making process and exercise their voting rights.
Moreover, to further strengthen communication and engagement with shareholders, Gildan Activewear’s Board of Directors has also issued a letter addressed to all shareholders. The letter emphasizes the company’s dedication to driving growth and creating long-term value. The Board highlights the achievements made thus far, bolstered by the impressive year-to-date performance, which currently stands at an extraordinary 9.97%.This remarkable performance showcases Gildan Activewear’s resilience and adaptability, despite the challenges faced by the global market. With the upcoming Annual Meeting, the company aims to capitalize on this momentum and propel itself towards an even greater future.
The engaged and enthusiastic participation of shareholders during the 2024 Annual Meeting is crucial, as decisions made during the event will shape Gildan Activewear’s strategic direction and strengthen its position as an industry leader. The meeting presents an opportunity for shareholders to voice their opinions, ask pertinent questions, and actively contribute to shaping the future of the company they have invested in.
In conclusion, Gildan Activewear’s filing of the management proxy circular and the issuance of the letter to shareholders mark significant milestones in the company’s commitment to transparency, good corporate governance, and shareholder engagement. With an impressive year-to-date performance of 9.97%, Gildan Activewear’s upcoming 2024 Annual Meeting holds great potential for transformative decision-making, propelling the company towards a prosperous future.
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