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PARK LAWN CORP ORD - PRRWF STOCK NEWS

Welcome to our dedicated page for PARK LAWN ORD news (Ticker: PRRWF), a resource for investors and traders seeking the latest updates and insights on PARK LAWN ORD stock.

Park Lawn Corporation (PRRWF) provides investors and stakeholders with timely updates through this dedicated news hub. Track official announcements, financial results, and strategic developments from one of North America’s leading funeral and cemetery service providers.

This resource consolidates all material updates related to Park Lawn’s operations, including acquisitions, partnership agreements, service expansions, and leadership changes. Users gain access to both pre-need planning innovations and at-need service developments across the company’s North American network.

Key content categories include quarterly earnings reports, regulatory filings, market expansion announcements, and operational milestones. Each update is curated to reflect Park Lawn’s commitment to transparency in the sensitive funeral services sector.

Bookmark this page for streamlined access to PRRWF’s latest news. Combine these updates with broader industry analysis to inform your understanding of Park Lawn’s position in the end-of-life services market.

Rhea-AI Summary
Park Lawn Corporation (TSX:PLC) completes the acquisition of Crippin Funeral Home, Gunnison Funeral Services, and Grand View Cemetery in Colorado, expanding its presence in the state. The transaction is expected to add approximately US$703,404 in Adjusted EBITDA annually.
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Park Lawn Corporation (PLC) has successfully completed the divestiture of certain legacy assets including 72 cemeteries and 11 funeral homes to Everstory Acquisition Portfolio, LLC, an affiliate of Everstory Partners. The divestiture marks an important milestone in Park Lawn's long-term strategy, allowing the company to focus solely on its core business strategy and improve its leverage and liquidity position.
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Park Lawn Corporation (PLC) announced a quarterly dividend of $0.114 per share payable on January 15, 2024, to shareholders of record as at December 29, 2023. PLC offers a Dividend Reinvestment Plan (DRIP) with a 3% discount for eligible shareholders to reinvest their cash dividends into additional common shares of PLC.
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Park Lawn Corporation (TSX:PLC)(TSX:PLC.U) announced its Q3 2023 financial results, reporting an 8.2% increase in revenue to $87.5M and a 38.1% decrease in net earnings. The company also made several acquisitions and entered into an agreement to divest certain legacy assets, aiming to reduce leverage and deploy proceeds into high-growth markets.
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Park Lawn Corporation (PLC) will release its Q3 2023 financial results on November 9, 2023, and host a conference call on November 10, 2023 to discuss the results.
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Park Lawn Corporation (TSX:PLC) has declined to participate further in Carriage Services, Inc.'s (NYSE: CSV) strategic review process and has withdrawn its all cash proposal to purchase Carriage's outstanding stock.
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Park Lawn Corporation announced a quarterly dividend of $0.114 per share payable on October 16, 2023. PLC offers a Dividend Reinvestment Plan (DRIP) with a current discount for purchases under the DRIP set at 3%. Shareholders should review the DRIP before deciding to participate.
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Park Lawn Corporation to acquire Christy-Smith Funeral Homes in Sioux City, Iowa
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Park Lawn Corporation acquires Forrest & Taylor Funeral Home in Sutton, Ontario, deepening its presence in the Ontario market. The acquisition is expected to add approximately CAD$338,647 in Adjusted EBITDA annually.
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Park Lawn Corporation announced its financial operating results for Q2 2023. Revenue increased by 12.3% to $85.3M, while net earnings decreased by 35% to $3.8M. Adjusted EBITDA increased by 20.7% to $18.8M. The company completed several acquisitions, including Speaks, Cobb, and Ward funeral homes, and MWB funeral home in Ontario. PLC also renewed its normal course issuer bid.
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PARK LAWN CORP ORD

OTC:PRRWF

PRRWF Rankings

PRRWF Stock Data

658.67M
33.80M
1.03%
25.48%
Personal Services
Consumer Cyclical
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Canada
Toronto