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Leon's Furniture Limited Celebrates 50 Years on the Toronto Stock Exchange
Leon's Furniture Limited Celebrates 50 Years on the Toronto Stock Exchange Canada ...
About this update from Leon's Furniture Limited
[{"type":"text","content":"\n\n\n\nLeon's Furniture Limited Celebrates 50 Years on the Toronto Stock Exchange\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 14, 2019\n\n\n\nTORONTO, Nov. 14, 2019 /CNW/ - Leon's Furniture Limited (\"LFL\" or the \"Company\") (TSX: LNF), is pleased to announce that in celebration of its 50 years as a publicly traded company on the Toronto Stock Exchange (\"TSX\"), the Company will be ringing the opening bell of the TSX on Friday November 15, 2019. \n\"As a proud Canadian company with over 50 years on the TSX, we would like to take this opportunity to thank all of our long-term shareholders for their support as we have built LFL into a national powerhouse,\" said Edward Leon, President and Chief Executive Officer of LFL Group. \"LFL has over 300 bricks and mortar retail locations, robust commercial, service, warranty and insurance operations, a rapidly growing e-commerce business, a leading wholesale distribution network and over 4.2 million square feet of owned real estate. The Company has grown shareholder equity at an annual rate of 12% for the past 50 yearsi, and is better positioned today than at any point over its 100-year history to generate value for its customers and shareholders.\"\nThe Company further advises that, in addition to its existing Normal Course Issuer Bid announced on September 9, 2019, the Company currently intends to enter into an Automatic Share Purchase Plan to enhance its ability to buy back its shares in the future.  \nThe Directors have declared a quarterly dividend of 14¢ per common share payable on the 6th day of January 2020 to shareholders of record at the close of business ...