All Stock Information Toute l’information sur les actions
TSX:L 63.53CAD
+0.86 (+1.37%)
Volume 606,893
2018-10-12

Pricing delayed 20 minutes

Prix mis à jour aux 20 minutes

MORE STOCK INFORMATION PLUS D'INFORMATION SUR LES ACTIONS

Stock Information

All Stock Information Toute l’information sur les actions
TSX:L 63.53CAD
+0.86 (+1.37%)
Volume 606,893
2018-10-12

Pricing delayed 20 minutes

Prix mis à jour aux 20 minutes

MORE STOCK INFORMATION PLUS D'INFORMATION SUR LES ACTIONS

Events & Presentations

Loblaw Spin-out of Choice Properties REIT

News / Investors

2018-10-04 Leading Proxy Advisors, ISS and Glass Lewis Recommend that Loblaw Shareholders Vote FOR Loblaw's Spin-Out of Choice Properties REIT
Loblaw shareholders are reminded to vote on the arrangement before 4:00 p.m. (Toronto time) on October 15, 2018 Loblaw Companies Limited (TSX: L, "Loblaw") and George Weston Limited (TSX: WN, "GWL") are pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two leading independent proxy advisory firms, have recommended that Loblaw shareholders vote FOR the plan of arrangement (the "Arrangement") under which Loblaw will spin out its approximate 61.6% effective interest in Choice Properties Real Estate Investment Trust (TSX:CHP.UN, "Choice REIT"). Loblaw shareholders will be asked to approve the Arrangement at the special meeting of shareholders to be held on Thursday, October 18, 2018 at 11:00 a.m. (Toronto time) at the Metro Toronto Convention Centre, Meeting Room 714AB, South Building, 222 Bremner Boulevard, Toronto, Ontario. ISS and Glass Lewis are recognized as leading independent proxy and corporate governance advisory...
Read More »
2018-09-04 Loblaw to spin out its interest in Choice Properties REIT
Today, Loblaw Companies Limited (TSX:L, "Loblaw") and George Weston Limited (TSX:WN, "GWL") announced a reorganization under which Loblaw will spin out its 61.6% interest in Choice Properties Real Estate Investment Trust (TSX:CHP.UN, "Choice Properties"). Under the spin-out, Loblaw common shareholders other than GWL ("Loblaw Minority Shareholders"), will receive 0.135 of a GWL common share per Loblaw share, which is equivalent to the market value of their pro rata interest in Choice Properties, and GWL will receive Loblaw's 61.6% interest in Choice Properties. After the spin-out, Loblaw will not retain any equity interest in Choice Properties and will be a pure-play Canadian food and drug retailer. "The reorganization will result in a more efficient group structure, that strategically benefits both Loblaw and Choice Properties, which in turn strengthens GWL," said Galen G. Weston, Chairman and CEO, Loblaw Companies Limited and George Weston Limited. "Loblaw, Choice Properties and GWL...
Read More »
2018-07-25 Loblaw Reports 2018 Second Quarter Results(1)
Loblaw Companies Limited (TSX: L) ("Loblaw" or the "Company") today announced its unaudited financial results for the second quarter ended June 16, 2018. The Company's 2018 Second Quarter Report to Shareholders will be available in the Investors section of the Company's website at loblaw.ca and will be filed with SEDAR and available at sedar.com .
"Our base businesses continued to perform well in a very competitive marketplace despite significant cost pressures," said Galen G. Weston, Chairman and Chief Executive Officer, Loblaw Companies Limited. "We are executing our strategy, improving processes, reducing cost and expanding our digital presence to deliver the best in food, health and beauty, for Canadians." 2018 SECOND QUARTER HIGHLIGHTS The second quarter of 2018 included the negative impacts of minimum wage increases and incremental healthcare reform. The following highlights also reflect the impact of the consolidation of franchises, the disposition of gas bar operations...
Read More »
2018-06-27 Loblaw Companies Limited Announces Timing of Second Quarter 2018 Earnings Release
Loblaw Companies Limited (TSX: L) announced today that it will release its second quarter 2018 results on July 25th, 2018 at 6:30 a.m. (ET). The release will be followed by a conference call at 10:00 a.m. (ET), as well as an audio webcast. To access Loblaw's second quarter conference call, please dial (647) 427-7450 or (888) 231-8191. The playback will be made available approximately two hours after the event at (416) 849-0833 or (855) 859-2056, access code: 7378906. To access via audio webcast please go to the "Investor" section of loblaw.ca. Pre-registration will be available. About Loblaw Companies Limited Loblaw Companies Limited is Canada's food and pharmacy leader, the nation's largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services. With more than 2,400 corporate, franchised and...
Read More »

Sign up for E-mail Alerts

Email Address *
Mailing Lists *