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Park Lawn Corporation Announces Q3 2023 Results

November 9, 2023

TORONTO, ONTARIO (November 9, 2023) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC”, “Park Lawn”, or the “Company”) announced its financial operating results for the third quarter (“Q3”) ended September 30, 2023. Financial Results for the Three-Month Period Ended September 30, 2023[1]: “We had a solid operational performance in the third quarter,” said J. Bradley Green, Chief Executive Officer of PLC.  Mr. Green continued, “While the death rate continued to pull back, resulting in an overall decrease in call volume as compared to the third quarter of 2022, our operations were able to largely offset this trend through sustained growth in market share and modestly increasing our average revenue per contract on the funeral side and growing pre-need sales

Park Lawn Third Quarter 2023 Financial Results Released on Thursday, November 9, 2023 and Earnings Conference Call on Friday, November 10, 2023 at 9:30 a.m. (EST)

October 27, 2023

TORONTO, ONTARIO – (October 27, 2023) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”)  announced today that it will release its third quarter financial results for 2023 on Thursday, November 9, 2023.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, November 10, 2023 to discuss its Q3 2023 financial results.  Details of the conference call are as follows:  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 and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC and its subsidiaries own

Park Lawn Announces Agreement to Divest Certain Legacy Assets to Continue its Long-Term Growth Strategy

October 17, 2023

TORONTO, ONTARIO/October 17, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) announced today that it has entered into a definitive agreement to divest substantially all of the assets of The Park Lawn Cemetery Company (USA), Inc., PLC Saber Ltd. and PLC Citadel Ltd. to Everstory Acquisition Portfolio, LLC (“EAP”), an affiliate of Everstory Partners (“Everstory Partners”). Everstory Partners is a deathcare company that owns and operates cemetery, funeral and crematory locations throughout the United States and Puerto Rico. The divestiture includes 72 cemeteries in Kentucky, Michigan, North Carolina and South Carolina and 11 funeral homes in Kentucky and North Carolina.  The transaction is valued at approximately US$70 million consisting of US$55 million in cash and the

Park Lawn Expands its Presence in Sioux City Metropolitan Area

October 16, 2023

TORONTO, ONTARIO/October 16, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has completed the acquisition of substantially all the assets of Christy-Smith Funeral Homes (collectively “Christy-Smith”) located in Sioux City, Iowa adding two (2) stand-alone funeral homes to Park Lawn’s footprint in the market.  “We are thrilled to join an organization that so closely aligns with our values and that we believe will continue the level of service and support Christy-Smith has offered the Sioux City community for over 100 years.  I am proud to continue the Christy-Smith legacy with Park Lawn,” said Dan Eckhoff, former owner of Christy-Smith. “We are excited to partner with Christy-Smith and further expand our

Park Lawn Withdraws Offer to Purchase Carriage Services, Inc.

October 2, 2023

TORONTO, ONTARIO/October 2, 2023/ACCESSWIRE – Today, Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) announced that it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage. Park Lawn does not intend to comment further on its withdrawal from Carriage’s strategic review process or regarding the withdrawal of its offer unless it deems further disclosure is appropriate or required. About Park Lawn Corporation: PLC provides goods and services associated with the disposition and memorialization of human remains.  Products and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). 

Park Lawn Corporation Announces Third Quarter 2023 Dividend

September 22, 2023

TORONTO, ONTARIO – (September 22, 2023) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that the quarterly dividend of $0.114 per share will be payable on October 16, 2023 to shareholders of record as at September 29, 2023. 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

Park Lawn Increases its Presence in the Sioux City Metropolitan Area

August 30, 2023

TORONTO, ONTARIO/August 30, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all the assets of Christy-Smith Funeral Homes located in Sioux City, Iowa (collectively “Christy-Smith”).  The Christy-Smith acquisition expands Park Lawn’s footprint in the Sioux City, Iowa metropolitan market through the addition of two (2) stand-alone funeral homes and is anticipated to close in mid-October 2023 following the receipt of regulatory approval. “We are excited for the opportunity to further expand our operating position in the Sioux City metropolitan area through the strategic acquisition of Christy-Smith,” said J. Bradley Green, Chief Executive Officer of PLC.  Mr. Green continued, “These businesses will

Park Lawn Corporation Continues its Ontario Expansion

August 14, 2023

TORONTO, ONTARIO – (August 14, 2023) – Park Lawn Corporation (TSX:PLC; PLC.U) (“PLC” or “Park Lawn”) is pleased to announce that it has acquired the assets of Forrest & Taylor Funeral Home Limited (“Forrest & Taylor”), a standalone funeral home business in Sutton, Ontario.  “Since Forrest & Taylor began in the late 1880s, we have had the privilege of serving the families of Sutton and its surrounding communities.  Through our partnership with Park Lawn, we are excited to be able to continue providing an unparalleled level of service with the tradition that began over a century ago,” said Greg and Carole Forrest, former owners of Forrest & Taylor. J. Bradley Green, Chief Executive Officer of PLC stated, “We are pleased

Park Lawn Corporation Announces Q2 2023 Results

August 10, 2023

TORONTO, ONTARIO (August 10, 2023) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC”, “Park Lawn”, or the “Company”) announced its financial operating results for the second quarter (“Q2”) ended June 30, 2023. Financial Results for the Three-Month Period Ended June 30, 2023[1]: J. Bradley Green, Chief Executive Officer of PLC, commented, “We are proud of our operating results this quarter as our overall performance demonstrates the ability of our team to incrementally improve their business operations in a challenging macroeconomic environment while simultaneously staying true to our mission to deliver the highest level of service to our families.”  Mr. Green continued, “Despite a slightly depressed death rate, we were nonetheless able to maintain strong market share in the communities

Park Lawn Second Quarter 2023 Financial Results Released on Thursday, August 10, 2023 and Earnings Conference Call on Friday, August 11, 2023 at 9:30 a.m. (EST)

July 28, 2023

TORONTO, ONTARIO – (July 28, 2023)  – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”)  announced today that it will release its second quarter financial results for 2023 on Thursday, August 10, 2023.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, August 11, 2023 to discuss its Q2 2023 financial results.  Details of the conference call are as follows:  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 and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC and its subsidiaries own

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