Loews Corporation's Schedule 13D Filing for Hanesbrands Inc.
Loews Corporation filed a Schedule 13D with the SEC on August 12, 2025, disclosing its ownership of 31,900,000 shares of Hanesbrands Inc.'s Common Stock, representing 9.0% of the outstanding shares. The filing indicates that Loews Corporation acquired these shares for investment purposes and used $49,304,124 of its cash on hand to purchase 10,265,000 shares between February 14, 2025, and August 12, 2025. Loews Corporation has sole voting and dispositive power over these shares. The filing also notes that Loews Corporation may engage in discussions with Hanesbrands Inc.'s board, officers, or other shareholders regarding the company's operations, governance, and strategy. The transactions in the past sixty days include open market purchases of Hanesbrands Inc.'s Common Stock at various prices.