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"We have a very strong balance sheet to support our strategies to continually generate shareholder value," Hanes Chief Financial Officer Richard D. Moss said. "Over the past five years, we have reduced our long-term bond debt by half, a $1 billion reduction. Now, we are deploying our resources to continue our value-creation momentum by investing in our Innovate-to-Elevate strategy, paying regular quarterly cash dividends, and assessing acquisition and share-repurchase opportunities."
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