Category: Press Releases

Press Releases

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

Park Lawn Completes Jacoby Acquisition

TORONTO, ONTARIO/December 12, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC” or “Park Lawn”) has completed the previously announced acquisition of substantially all the assets of Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park and Bustard & Jacoby Funerals, Cremation, Monuments and Receptions (collectively “Jacoby”), a group of businesses consisting of two stand-alone funeral homes and one stand-alone cemetery located in Cheyenne and Casper, Wyoming.  “For almost 100 years, our businesses have had the privilege of serving and supporting the families of the Cheyenne and Casper communities through all aspects of funeral service and bereavement care.  We are excited to partner with Park Lawn to continue our distinct level of service as the largest funeral and cremation

Park Lawn Executes on its Growth Strategy and Completes Acquisition in Missouri

TORONTO, ONTARIO/November 28, 2022/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 Park Lawn Funeral Home and Memorial Park Cemetery & Green Lawn Cemetery, Park Lawn Northland Chapel and Glenridge Cemetery in Kansas City and Liberty, Missouri (collectively “Park Lawn Missouri”).  The Park Lawn Missouri acquisition further expands PLC’s footprint in and around the Kansas City metropolitan market through the addition of one on-site, one stand-alone funeral home and one stand-alone cemetery.  “We are pleased to continue building our strong operating position in the Kansas City market through the strategic acquisition of the Park Lawn Missouri businesses,” said J. Bradley Green,

Park Lawn Completes Acquisition of Muehlebach

TORONTO, ONTARIO/November 15, 2022/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 Muehlebach Funeral Care in Kansas City, Missouri, Skradski-Pierce Funeral Home in Kansas City, Kansas and Assurance Cremation Society in Kansas City, Missouri (collectively “Muehlebach”).  The Muehlebach acquisition expands Park Lawn’s footprint in the Kansas City metropolitan market through the addition of three stand-alone funeral homes.  “We have been serving the greater Kansas City communities for many decades and are excited that our partnership with Park Lawn will allow us to continue to provide personalized service to our families.  I am also honored to assume a leadership

Park Lawn Continues Western Expansion

TORONTO, ONTARIO/November 14, 2022/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 Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park and Bustard & Jacoby Funerals, Cremation, Monuments and Receptions (collectively “Jacoby”) consisting of two stand-alone funeral homes and one stand-alone cemetery located in Cheyenne and Casper, Wyoming.  The Jacoby transaction is anticipated to close in mid-December 2022 following the receipt of regulatory approval. “We are excited to continue our strategic growth in the west by entering into a new market in southeast Wyoming with the Jacoby businesses,” said J. Bradley Green, Chief Executive Officer of

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