CALGARY,
AB, Sept. 11, 2024 /PRNewswire/
- Parkland Corporation ("Parkland") (TSX: PKI) announces
that a dividend of $0.35 per share
will be paid on October 15, 2024 to
shareholders of record on September 20,
2024. The dividend will be an 'eligible dividend' for
Canadian income tax purposes. The ex-dividend date is September 19, 2024.
Forward-Looking Statements
Certain statements contained in this news release constitute
forward-looking information and statements (collectively, "forward
looking statements"). When used in this news release, the words
"expect'', ''will'', ''could'', ''would'', ''pursue'' and similar
expressions are intended to identify forward-looking
statements.
These statements involve known and unknown risks, uncertainties
and other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements. No assurance can be given that these expectations will
prove to be correct and such forward-looking statements included in
this news release should not be unduly relied upon. These
forward-looking statements speak only as of the date of this news
release. Parkland does not undertake any obligations to publicly
update or revise any forward-looking statements except as required
by securities laws. Actual results could differ materially from
those anticipated in these forward-looking statements as a result
of numerous risks, assumptions and uncertainties including, but not
limited to: general economic, market and business conditions;
Parkland's ability to execute its business strategy, including
without limitation, Parkland's ability to successfully integrate
acquisitions, capture synergies, successfully implement organic
growth initiatives and to finance such initiatives on reasonable
terms; industry capacity; competitive action by other companies;
refining and marketing margins; the ability of suppliers to meet
commitments; actions by governmental authorities and other
regulators including, but not limited to, increases in taxes;
changes and developments in environmental and other regulations;
and other factors, many of which are beyond the control of
Parkland. See also the risks and uncertainties described under the
headings "Cautionary Statement Regarding Forward-Looking
Information" and "Risk Factors" in Parkland's current Annual
Information Form, and under the headings "Forward-Looking
Information" and "Risk Factors" in Parkland's Management's
Discussion and Analysis for the most recently completed financial
period, each as filed on SEDAR+ and available on Parkland's website
at www.parkland.ca. The forward-looking statements contained in
this news release are expressly qualified by this cautionary
statement.
About Parkland Corporation
Parkland is an international fuel distributor, marketer, and
convenience retailer with operations in 26 countries across the
Americas. We serve over one million customers each day. Our retail
network meets the fuel and convenience needs of everyday consumers.
Our commercial operations provide businesses with industrial fuels
so that they can better serve their customers. In addition to
meeting our customers' needs for essential fuels, we provide a
range of choices to help them lower their environmental impact.
These include renewable fuels sourcing, manufacturing and blending,
carbon and renewables trading, solar power, and ultra-fast EV
charging. With approximately 4,000 retail and commercial locations
across Canada, the United States and the Caribbean region, we have developed supply,
distribution and trading capabilities to accelerate growth and
business performance.
Our strategy is focused on two pillars: our Customer Advantage
and our Supply Advantage. Through our Customer Advantage, we aim to
be the first choice of our customers, cultivating their loyalty
through proprietary brands, differentiated offers, our extensive
network, competitive pricing, reliable service, and our compelling
loyalty program. Our Supply Advantage is based on achieving the
lowest cost to serve among independent fuel marketers and
distributors in the hard-to-serve markets in which we operate,
through our well-positioned assets, significant scale, and deep
supply and logistics capabilities. Our business is underpinned by
our people and our values of safety, integrity, community and
respect, which are deeply embedded across our organization.
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SOURCE Parkland Corporation