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An announcement from Gildan Activewear ( (TSE:GIL) ) is now available.
On February 26, 2026, Gildan Activewear filed a Form 6-K with the U.S. Securities and Exchange Commission disclosing that it has entered into a renewed shareholder rights plan agreement dated February 25, 2026 with Computershare Investor Services as rights agent. The plan, which replaces the company’s long-standing 2010 rights plan that is due to expire at the 2026 annual meeting, is designed to ensure that any takeover bid or change of control treats all shareholders fairly by issuing rights attached to common shares that become exercisable after a separation time and upon certain ownership thresholds, reinforcing the board’s defensive posture in potential control transactions and signalling continued emphasis on shareholder protection in contested situations.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$108.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
Spark’s Take on TSE:GIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:GIL is a Outperform.
Gildan Activewear’s strong financial performance and strategic acquisition of HanesBrands are key strengths, supporting a solid outlook. However, technical indicators suggest a lack of momentum, and increased leverage poses a risk that needs monitoring. The fair valuation and positive earnings call further contribute to a favorable but cautious overall score.
To see Spark’s full report on TSE:GIL stock, click here.
More about Gildan Activewear
Gildan Activewear Inc., based in Montréal, Québec, is a vertically integrated apparel manufacturer best known for basic activewear such as T-shirts, fleece and socks, supplying printwear, promotional, and retail markets in North America and internationally. The company’s shares are listed in the U.S. as a foreign private issuer and it files its disclosure documents with the SEC under Form 40-F reporting standards.
Average Trading Volume: 608,841
Technical Sentiment Signal: Buy
Current Market Cap: C$18.26B
Learn more about GIL stock on TipRanks’ Stock Analysis page.