Author: Derek Beard

Press Releases

Park Lawn Deepens its Presence in the Greater Toronto Area

TORONTO, ONTARIO/June 13, 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 of the assets of Ward Funeral Home Limited, a business consisting of three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario (collectively, “Ward”).  The Ward acquisition further expands Park Lawn’s geographic presence in the Greater Toronto Area and is anticipated to close in July, 2023.  “The Ward businesses have been a staple within the Greater Toronto Area for over 100 years and these well-established best-in-class funeral homes not only complement Park Lawn’s existing Greater Toronto Area presence, but also closely align with Park Lawn’s values,” said J.

Park Lawn Corporation Announces Q1 2023 Results

TORONTO, ONTARIO (May 11, 2023) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC”, “Park Lawn”, or the “Company”) announced its financial operating results for the first quarter (“Q1”) ended March 31, 2023. Financial Results for the Three-Month Period Ended March 31, 2023[1]: J. Bradley Green, Chief Executive Officer of PLC, commented, “We are pleased with our operating performance from the first quarter as it demonstrates strength against a tough comparison under challenging macroeconomic conditions.  As the impacts of COVID-19 wane, our focus continues to be on implementing incremental improvements in our operations and making selective and strategic growth decisions that drive shareholder value. Overall, for the quarter, this strategy resulted in a slight increase in our average revenue per

Park Lawn First Quarter 2023 Financial Results Released on Thursday, May 11, 2023 and Earnings Conference Call on Friday, May 12, 2023 at 9:30 a.m. (EST)

TORONTO, ONTARIO – (APRIL 28, 2023)  – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”)  announced today that it will release its first quarter financial results for 2023 on Thursday, May 11, 2023.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, May 12, 2023 to discuss its Q1 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 Completes Acquisition of Speaks

TORONTO, ONTARIO/April 10, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner, Missouri; Speaks Suburban Chapel in Independence, Missouri; and Oak Ridge Memory Gardens in Independence, Missouri (collectively “Speaks”).  The Speaks acquisition expands Park Lawn’s footprint in the Kansas City metropolitan market through the addition of three (3) stand-alone funeral homes and one (1) stand-alone cemetery. “After almost ninety years of leadership by the Speaks family, we are confident that partnering with Park Lawn will help take our organization to the next level of funeral service excellence.  We

Park Lawn Corporation Announces First Quarter 2023 Dividend

TORONTO, ONTARIO – (March 24, 2023) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that the quarterly dividend of $0.114 per share will be payable on April 17, 2023 to shareholders of record as at March 31, 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 Expands into Iowa and Nebraska

TORONTO, ONTARIO/March 13, 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 Meyer Brothers Funeral Homes, a business consisting of five stand-alone funeral homes located in Sioux City, Iowa, South Sioux City, Nebraska and Ponca, Nebraska (collectively “Meyer”).  The Meyer acquisition further increases Park Lawn’s geographic presence in the Midwest by adding businesses in Iowa and Nebraska.  “We are pleased to welcome the Meyer businesses into the Park Lawn family as they exemplify the characteristics of the premier independent operating firms Park Lawn seeks to partner with in its growth strategy.  These highly regarded businesses are a staple in their respective

Park Lawn Corporation Announces Fourth Quarter 2022 Financial Results and Achievement of 2022 Aspirational Growth Target

TORONTO, ONTARIO (March 2, 2023) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC”, “Park Lawn”, or the “Company”) announced its financial operating results for the fourth quarter (“Q4”) and year ended December 31, 2022. Financial Results from Q4 and the Year Ended 2022 J. Bradley Green, Chief Executive Officer of PLC commented, “We are pleased with our fourth quarter 2022 year-end operating results as compared to the heavily COVID-19 impacted fourth quarter and year-end 2021. While the Centers for Disease Control and Prevention identified a sharp decline in the U.S. national death during the year, our decrease in call volume was notably less than the national decline, as well as that of our peers. Further, as we experienced this

Park Lawn Fourth Quarter 2022 Financial Results Released on Thursday, March 2, 2023 and Earnings Conference Call on Friday, March 3, 2023 at 9:30 a.m. (EST)

TORONTO, ONTARIO – (February 22, 2023)  – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”)  announced today that it will release its fourth quarter financial results for 2022 on Thursday, March 2, 2023.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, March 3, 2023 to discuss its Q4 2022 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 Deepens its Presence in the Kansas City Metropolitan Area

TORONTO, ONTARIO/February 8, 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 of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner, Missouri; Speaks Suburban Chapel in Independence, Missouri; and Oak Ridge Memory Gardens in Independence, Missouri (collectively “Speaks”).  The Speaks acquisition expands Park Lawn’s footprint in the Kansas City metropolitan market through the addition of three (3) stand-alone funeral homes and one (1) stand-alone cemetery and is anticipated to close in early April 2023 following the receipt of regulatory approval. “We are pleased to further solidify our strong operating position in the greater Kansas City metropolitan

Park Lawn Corporation Announces Fourth Quarter 2022 Dividend

TORONTO, ONTARIO – (DECEMBER 21, 2022) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that the quarterly dividend of $0.114 per share will be payable on January 16, 2023 to shareholders of record as at December 30, 2022. 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

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