UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
| Hanesbrands Inc. | ||
| (Name of Issuer) | ||
| Common Stock, Par Value $0.01 | ||
| (Title of Class of Securities) | ||
| 410345102 | ||
| (CUSIP Number) | ||
| June 5, 2024 | ||
| (Date of Event Which Requires Filing of This Statement) | ||
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: | ||
| ☐ Rule 13d-1(b) | ||
| ☒ Rule 13d-1(c) | ||
| ☐ Rule 13d-1(d) | ||
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| 1 | Names of Reporting Persons Loews Corporation | |||||||
| 2 | Check the Appropriate Box if a Member of a Group (a) ¨ (b) ☒ | |||||||
| 3 | SEC Use Only | |||||||
| 4 | Citizenship or Place of Organization Delaware | |||||||
Number of Shares Beneficially Owned by Each Reporting Person With | 5 | Sole Voting Power 27,500,000 | ||||||
| 6 | Shared Voting Power 0 | |||||||
| 7 | Sole Dispositive Power 27,500,000 | |||||||
| 8 | Shared Dispositive Power 0 | |||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 27,500,000 | |||||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨ | |||||||
| 11 | Percent of Class Represented by Amount in Row 9 7.8% | |||||||
| 12 | Type of Reporting Person CO | |||||||
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Item 1(a). Name of Issuer:
Hanesbrands Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices:
1000 East Hanes Mill Road
Winston-Salem, NC 27105
Item 2(a). Name of Person Filing:
Loews Corporation
Item 2(b). Address of Principal Business Office or, if None, Residence:
9 West 57th Street
New York, NY 10019
Item 2(c). Citizenship:
Delaware
Item 2(d). Title of Class of Securities:
Common Stock, Par Value $0.01
Item 2(e). CUSIP Number:
410345102
Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
(a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) ¨ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f) ¨ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g) ¨ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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(h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) ¨ A church plan that is excluded from the definition of an investment company under
section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j) ¨ A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
(k) ¨ Group, in accordance with § 240.13d-1(b)(1)(ii)(K).
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
Not applicable
Item 4. Ownership
(a) Amount beneficially owned: 27,500,000
(b) Percent of class: 7.8%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 27,500,000
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 27,500,000
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
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Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| June 14, 2024 | |||||
| (Date) | |||||
| /s/ Richard W. Scott | |||||
| (Signature) | |||||
Richard W. Scott Senior Vice President and Chief Investment Officer Loews Corporation | |||||
| (Name and Title) | |||||
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Minimum 15 minutes delayed. Source: LSEG