Gildan Activewear Reports on Shareholders’ Voting Results
Gildan (NYSE: GIL) reported shareholder voting results from its April 30, 2026 annual meeting in Montreal.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Gildan (NYSE: GIL) reported shareholder voting results from its April 30, 2026 annual meeting in Montreal. All nine director nominees were elected, the auditor was reappointed, the Shareholder Rights Plan was renewed, and the non-binding Say on Pay advisory vote passed.
Key vote tallies include auditor reappointment 148,645,275 (92.71%), Shareholder Rights Plan 144,722,506 (93.78%), and Say on Pay 149,974,675 (97.18%). Director vote percentages ranged from 97.38% to 99.78% in favour.
Details
News Market Reaction – GIL
On May 1, the day this news came out, GIL closed 0.77% below the previous close.
Data tracked by StockTitan Argus for the May 1 session.
Key Figures
- Auditor appointment votes
- 148,645,275 (92.71% for)
- Resolution 1 – Appointment of the Auditor
- Shareholder Rights Plan support
- 144,722,506 (93.78% for)
- Resolution 3 – Shareholder Rights Plan
- Say on Pay support
- 149,974,675 (97.18% for)
- Resolution 4 – Advisory vote on executive compensation
- Chamandy election votes
- 153,982,923 (99.78% for)
- Election of director Glenn J. Chamandy
- Kneeland election votes
- 151,764,895 (98.34% for)
- Election of director Michael Kneeland
- Rights Plan against votes
- 9,598,706 (6.22% against)
- Resolution 3 – Shareholder Rights Plan
- Say on Pay against votes
- 4,346,534 (2.82% against)
- Resolution 4 – Advisory vote on executive compensation
- Meeting date
- April 30, 2026
- Hybrid annual meeting of shareholders held in Montreal
Historical Context
-
Announced timing and access details for Q1 2026 results call.
-
Planned appearance at CIBC retail and consumer investor conference.
-
Record Q4 revenue and EPS, raised synergy targets and issued 2026 guidance.
-
Set date and call details for Q4 2025 and full-year results.
-
Completed HanesBrands acquisition, targeting at least $200M cost synergies.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
management proxy circular regulatory
hybrid annual meeting regulatory
non-binding advisory vote regulatory
say on pay regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTREAL, May 01, 2026 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) today announced that the nine nominees proposed as directors in its management proxy circular dated March 17, 2026 were elected as directors of the Company by a majority of the votes cast by the shareholders or represented by proxy at its hybrid annual meeting of shareholders held on April 30, 2026 in Montreal. Gildan also notes that a majority of the votes cast by shareholders were in favour of the reappointment of its auditor, the approval, ratification and renewal of the Shareholder Rights Plan, and the non-binding advisory vote on Executive Compensation (“Say on Pay”).
The voting results are detailed below:
| FOR | WITHHELD/AGAINST | |||
| Number | % | Number | % | |
| Resolution 1 | ||||
| Appointment of the Auditor | 148,645,275 | 11,689,421 | ||
| Resolution 2 | ||||
| Election of Directors | ||||
| Michael Kneeland | 151,764,895 | 2,556,259 | ||
| Glenn J. Chamandy | 153,982,923 | 338,229 | ||
| Michener Chandlee | 153,183,131 | 1,138,097 | ||
| Anne-Laure Descours | 153,362,357 | 958,872 | ||
| Ghislain Houle | 150,757,866 | 3,563,293 | ||
| Mélanie Kau | 153,127,509 | 1,193,712 | ||
| Deepak Khandelwal | 153,967,889 | 353,334 | ||
| Peter Lee | 150,275,927 | 4,045,301 | ||
| Karen Stuckey | 153,782,299 | 538,929 | ||
| Resolution 3 | ||||
| Shareholder Rights Plan | 144,722,506 | 9,598,706 | ||
| Resolution 4 | ||||
| Say on Pay | 149,974,675 | 4,346,534 | ||
About Gildan
Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies and directly to consumers. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, Hanes®, Comfort Colors®, American Apparel®, ALLPRO™, GOLDTOE®, Peds®, Bali®, Playtex®, Maidenform®, Bonds®, as well as Champion® which is under an exclusive licensing agreement for the printwear channel in the U.S. and Canada.
Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Asia. Gildan integrates industry-leading labour, environmental, and governance practices into its operations and supply chain under a sustainability program that is aligned with its long-term business strategy. More information about Gildan and its sustainability commitments and initiatives can be found at www.gildancorp.com.
| Investor inquiries: Jessy Hayem, CFA Senior Vice-President, Head of Investor Relations and Global Communications (514) 744-8511 jhayem@gildan.com | Media inquiries: Jonathan Binder Director, Corporate Communications (336) 519-6330 communications@gildan.com |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.