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Loblaw Companies Limited Announces Four-for-One Stock Split
Loblaw Companies Limited Announces Four-for-One Stock Split Canada NewsWire ...
About this update from Loblaw Companies Limited
[{"type":"text","content":"\n\n\n\n Loblaw Companies Limited Announces Four-for-One Stock Split\n \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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n BRAMPTON, ON\n \n\n ,\n \n\n July 24, 2025\n \n\n /CNW/ - (TSX: L) – Loblaw Companies Limited (\"Loblaw\" or \"Company\") announced today that its Board of Directors approved a stock split of the Company's outstanding common shares (\"Common Shares\"). The split will be implemented by way of a stock dividend where Loblaw will issue to shareholders three additional Common Shares for each Common Share held (i.e. a four-for-one stock split). The stock split will be effective at the close of business on\n \n August 18, 2025\n \n to shareholders of record at the close of business on\n \n August 14, 2025\n \n .\n \n\n Loblaw is undertaking the stock split to ensure its Common Shares remain accessible to retail investors and thousands of employees who participate in the Company's Employee Share Ownership Plan, and to improve the liquidity of the Common Shares. The stock split will not dilute shareholders' equity. As the aggregate declared amount of the stock dividend on the Common Shares is nominal, there will be no Canadian income tax payable by shareholders related to this corporate action. For more information, shareholders should consult with their own tax advisor.\n \n\n The Common Shares will begin trading ex-dividend (post-split) on the Toronto Stock Exchange at the opening of business on\n \n August 19\n \n , 2025.  Common shares will trade on a \"due bill\" basis from the opening of business on\n \n August 14, 2025\n \n until the close of business on\n \n August 18, 2025\n \n , inclusively, where shares will carry the right to receive the additional shares to be issued in connection with the stock dividend.\n \n\n\n About Loblaw Companies Limited\n \n\n\n Loblaw is\n \n Canada's\n \n food and pharmacy leader, and the nation's largest retailer. Loblaw provides Canadians with grocery, pharmacy and healthcare services, other health and beauty products, apparel, general merchandise, financial services and...