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Park Lawn Corporation Announces First Quarter 2024 Dividend

March 22, 2024

TORONTO, ONTARIO – (MARCH 22, 2024) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that the quarterly dividend of $0.114 per share will be payable on April 15, 2024 to shareholders of record as at March 29, 2024. 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 Corporation Announces Fourth Quarter and Year-End 2023 Results, Appointment of New Director and its 2024 Financial Outlook

March 7, 2024

TORONTO, ONTARIO/March 7, 2024/ACCESSWIRE – Today, Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) announced its financial operating results for the fourth quarter (“Q4”) and year ended December 31, 2023, the appointment of a new director and its 2024 financial outlook. Financial Results from Q4 and the Year Ended 2023 “Our focus on operational efficiency and cost management contributed to improved profitability and bottom-line growth during the 2023 calendar year,” stated J. Bradley Green, Chief Executive Officer. Mr. Green continued, “In addition, during the fourth quarter, we achieved an important milestone in the Company’s history through the strategic disposition of certain legacy businesses which has allowed us to reshape our platform and reallocate resources to support a more

Park Lawn Fourth Quarter 2023 Financial Results Released on Thursday, March 7, 2024 and Earnings Conference Call on Friday, March 8, 2024 at 9:30 a.m. (EST)

February 26, 2024

TORONTO, ONTARIO – (February 26, 2024) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that it will release its fourth quarter financial results for 2023 on Thursday, March 7, 2024.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, March 8, 2024, to discuss its Q4 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 is the largest publicly traded Canadian-owned funeral, cremation and cemetery provider.  PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels and event centers throughout Canada and the United States which provide

Park Lawn Solidifies its Presence on the Colorado Western Slope

February 20, 2024

TORONTO, ONTARIO/February 20, 2024/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 of the assets of Crippin Funeral Home located in Montrose, Colorado; Gunnison Funeral Services located in Gunnison, Colorado; and Grand View Cemetery located in Montrose, Colorado (collectively “Crippin”). The Crippin acquisition deepens Park Lawn’s footprint in the Colorado market through the addition of two (2) stand-alone funeral homes as well as one (1) stand-alone cemetery. “For 37 years, the Crippin businesses have proudly served Montrose and its surrounding communities. We take great pride in our ability to provide excellent professional service and guidance to our families at their time of need and

Park Lawn Completes Divestiture of Certain Legacy Assets

December 20, 2023

TORONTO, ONTARIO/December 20, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”), today announced that it has successfully completed the previously announced divestiture of certain legacy assets including all 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”). The divestiture includes 72 cemeteries in Kentucky, Michigan, North Carolina and South Carolina and 11 funeral homes in Kentucky and North Carolina.  “The completion of this divestiture marks an important milestone in the execution of Park Lawn’s long-term strategy,” said J. Bradley Green, Chief Executive Officer.  Mr. Green further stated, “Park Lawn has now refined its portfolio and,

Park Lawn Corporation Announces Fourth Quarter 2023 Dividend

December 19, 2023

TORONTO, ONTARIO – (DECEMBER 19, 2023) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that the quarterly dividend of $0.114 per share will be payable on January 15, 2024 to shareholders of record as at December 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 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

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