Hanesbrands Inc. (NYSE: HBI) today corrected an erroneous date that was published in the company’s Feb. 19, 2008, press release that reviewed the company’s long-term growth goals.
In the sixth paragraph of the Feb. 19 press release, the reference to the company’s spinoff date should have read September 2006, consistent with the date used in the press release’s second paragraph.
Since its spinoff in September 2006, Hanesbrands has repaid $285 million in debt, voluntarily contributed $96 million to its qualified pension plans, which are now 97 percent funded, and bought back $44 million worth of stock.
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Matt Hall, 336-519-3386
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