Matt Wegner

Press Releases

Park Lawn Corporation Announces Results of 2023 Annual General Meeting of Shareholders

TORONTO, ONTARIO (June 1, 2023) – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn”) announced the results from its Annual General Meeting of Shareholders (the “Meeting”) held earlier today. A total of 24,023,743 of Park Lawn’s common shares (“Shares”) (representing approximately 70.25% of the issued and outstanding Shares as of the record date for the meeting) were represented at the Meeting. The vote was conducted by online ballot. Each of Park Lawn’s seven directors were elected at the Meeting by a resolution passed by the shareholders present or represented by proxy at the Meeting, to hold office until the close of the next annual meeting of shareholders. The results of the vote are detailed below: Nominee Votes For % of

Park Lawn Corporation Announces December 2021 Dividend and Adoption of a Quarterly Payment Schedule

TORONTO, ONTARIO – (December 20, 2021) – Park Lawn Corporation (TSX:PLC) (“PLC”) announced today that it is moving from a monthly to a quarterly payment schedule with dividends expected to be made in March, June, September and December of each calendar year and paid on a quarterly basis at the rate of $0.114 per common share.  Subject to approval of the Board of Directors, the first quarterly dividend of $0.114per common share ($0.456 per common share annually) is expected to be effective for the March dividend that will be paid on April 15, 2022, to shareholders of record as at March 31, 2022. Monthly dividend payments will continue until the end of 2021. The December dividend of $0.038 per common share

Park Lawn Corporation Completes Acquisition of Ingram Business

TORONTO, ON/December 13, 2021/ACCESSWIRE/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Ingram Funeral Home & Crematory, Inc. (the “Ingram” business), a stand-alone funeral home located in Cumming, Forsyth County, Georgia.  “We are happy to join an organization that prides itself in providing premier and innovative services to its families and communities as much as the Ingram team,” said Jack Allen, owner of Ingram. “Jack and his team are a tremendous addition to PLC and we look forward to working together.  We are also eager to explore future opportunities for growth to complement Ingram as Georgia remains one of the fastest growing

PLC Enters New High Growth Market in Georgia

TORONTO, ON/November 29, 2021/ACCESSWIRE/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Ingram Funeral Home & Crematory, Inc. (the “Ingram” business), a stand-alone funeral home located in Cumming, Forsyth County, Georgia.  The transaction is anticipated to close in mid-December following the satisfaction of regulatory requirements.  “We are pleased to continue to grow our footprint in the southern U.S. by strategically entering into a new high growth market in Georgia.  The Ingram business is highly regarded within our profession and will be a foundation for growth in a new state for PLC.  We are excited to have Jack Allen and his team

Park Lawn Corporation Announces November 2021 Dividend

TORONTO, ONTARIO – (November 23, 2021) – Park Lawn Corporation (TSX:PLC) (“PLC”) announced today that the monthly dividend of $0.038 per share will be payable on December 15, 2021 to shareholders of record as at November 30, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount,

Park Lawn Corporation Announces September 2021 Dividend

TORONTO, ONTARIO – (September 22, 2021) – Park Lawn Corporation (TSX:PLC) (“PLC”) announced today that the monthly dividend of $0.038 per share will be payable on October 14, 2021 to shareholders of record as at September 29, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount,

Park Lawn Corporation Announces $135 Million Bought Deal Offering of Common Shares

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, ONTARIO (August 16, 2021) – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters“) co-led by Scotiabank and National Bank Financial Inc. pursuant to which the Underwriters have agreed to purchase 3,710,000 common shares (the “Common Shares“) at a price of $36.40 per Common Share, on a bought deal basis, for gross proceeds of approximately $135 million (the “Offering“). The Company also granted the Underwriters an option to purchase up to an additional 371,000 Common Shares on the same terms and conditions, exercisable at any time, in whole

Park Lawn Corporation Announces Strong Q2 2021 Performance and Two New Acquisitions

Marching Closer to the Achievement of its 2022 Goals TORONTO, ONTARIO (August 12, 2021) – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) announced its results for the second quarter (“Q2”) ended June 30, 2021. Through both its growth and integration initiatives, PLC continues to improve quarter-over-quarter resulting in an impressive Q2 2021 performance. The Company experienced growth in revenue, net earnings, Adjusted Net Earnings, Adjusted EBITDA, and Adjusted EBITDA margin: J. Bradley Green, Chief Executive Officer of PLC, stated: “After a strong second quarter, we have solidified an impressive first half to 2021. Even with the anticipated lessening effect of COVID-19 on the at-need volume of our comparable businesses, we saw the total funeral home call volume increase

Park Lawn Second Quarter 2021 Financial Results Released on Thursday, August 12, 2021 and Earnings Conference Call on Friday, August 13, 2021 at 9:30 a.m. (EST)

TORONTO, ONTARIO – (July 30, 2021) – Park Lawn Corporation (TSX: PLC) (“PLC”) announced today that it will release its second quarter financial results for 2021 on Thursday, August 12, 2021. PLC will host a conference call at 9:30 a.m. (EST) on Friday, August 13, 2021 to discuss its Q2 2021 financial results. Details of the conference call are as follows: Date: Friday, August 13, 2021 Time: 9:30 a.m. EST Dial-in Number: Local (416) 764-8659 | Toll Free (888) 664-6392 | Conference ID: 40578021 To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. About Park Lawn Corporation PLC provides goods and services associated with the disposition and memorialization of human remains. Products

Park Lawn Corporation Announces July 2021 Dividend

TORONTO, ONTARIO–(July 23, 2021) – Park Lawn Corporation (TSX:PLC) ( “PLC”) announced today that the monthly dividend of $0.038 per share will be payable on August 16, 2021 to shareholders of record as at July 30, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount, if

Next Page