LUNENBURG, NS, Nov. 8, 2024 /CNW/ - High Liner Foods Incorporated (the "Company") (TSX: HLF) today announced that it has increased the size of its Normal Couse Issuer Bid ("NCIB") by filing an amended notice of intention with the Toronto Stock Exchange ("TSX"). The amendment increases the number of common shares of the Company ("Common Shares") the Company intends to purchase for cancellation by 943,340 Common Shares. This reflects an increase from the previously authorized limit of 700,000 Common Shares, to a newly authorized limit of 1,643,340 Common Shares, representing approximately 5% of the Common Shares outstanding as of May 24, 2024, subject to approval by the TSX. The purchases will be made through the facilities of the TSX and/or any alternative Canadian trading systems to the extent they are eligible. The price that the Company will pay for any such Common Shares will be the market price at the time of acquisition. The current NCIB commenced on June 7, 2024, and purchases shall terminate no later than June 6, 2025.
Margin Improvements Lead to EBITDA Growth Over Prior Year
Announces Dividend Increase of $0.02, or 13.3%
LUNENBURG, NS, Nov. 8, 2024 /CNW/ - High Liner Foods Incorporated (TSX: HLF) ("High Liner Foods" or the "Company"), a leading North American value-added frozen seafood company, today announced financial results for the thirteen and thirty-nine weeks ended September 28, 2024. The Company also announced a dividend increase of CAD $0.02 per share, representing 13.3% increase.
"During the third quarter we delivered another quarter of Adjusted EBITDA growth as well as sequential improvement to sales and volume," said Paul Jewer, President, and Chief Executive Officer of High Liner Foods. "We are executing well to meet the evolving needs of our customers and consumers across both retail and foodservice. Our promotional strategies are driving expanded distribution and supporting top line recovery. While market conditions remain challenging, I am encouraged by our gains this quarter and believe we are well positioned to continue this positive trajectory."
Scheduled for Friday, November 8, 2024 at 2:00 P.M. (ET)
LUNENBURG, NS , Oct. 23, 2024 /CNW/ - High Liner Foods Incorporated (TSX: HLF) ("High Liner Foods" or "the Company") today announced that its 2024 third quarter earnings will be released on Friday, November 8, 2024. The Company will be hosting a conference call at 2:00 p.m. ET (3:00 p.m. AT) on Friday, November 8, 2024 to discuss its financial results for the third quarter of 2024.
To access the conference call without operator assistance, register and enter a telephone number at https://emportal.ink/4evbvto to receive an instant automated call back. To dial direct and be entered into the call by an Operator, dial 1-416-945-7677 or 1-888-699-1199. If dialing directly, please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay by telephone until Sunday, December 8, 2024 at midnight (ET). To access the archived conference call, dial 1-888-660-6345 and enter the replay entry code 20102#.
Company has been listed on the Toronto Stock Exchange for over 50 Years
LUNENBURG, NS, Oct. 7, 2024 /CNW/ - Today, High Liner Foods Incorporated opened the market in celebration of their 125th anniversary and over 50 years of being listed on the Toronto Stock Exchange (TSX). Paul Jewer, President & Chief Executive Officer, High Liner Foods and the Honourable Susan Corkum-Greek, Minister of Economic Development and MLA, Lunenburg, joined Rob Peterman, Chief Commercial Officer, Toronto Stock Exchange to open the market from the Fisheries Museum of the Atlantic in Lunenburg, NS.
Town of Lunenburg proclaims December 12 'High Liner Foods Day'
LUNENBURG, NS, Sept. 27, 2024 /CNW/ - High Liner Foods Incorporated, prominent North American value-added frozen seafood company, is proudly celebrating a landmark 125th anniversary this year. In honour of the company's anniversary and the impact they've made in the community, the Town of Lunenburg Council has declared December 12 as 'High Liner Foods Day'.
"For 125 years, High Liner Foods has been reimagining seafood to nourish families across North America," said Paul Jewer, President & CEO High Liner Foods. "High Liner has quite a storied history, all of which started in Lunenburg, Nova Scotia, and we are deeply honoured that the community has recognized us by declaring our anniversary, December 12, High Liner Foods Day."
Contribution in support of the Brighter Days Capital Campaign for the redevelopment of the South Shore Regional Hospital
LUNENBURG, NS, Sept. 9, 2024 /CNW/ - High Liner Foods Incorporated announced a significant contribution to The Health Services Foundation of the South Shore with a donation of $250,000 in support of their Brighter Days Capital Campaign for the redevelopment of South Shore Regional Hospital. The donation was presented to hospital and Brighter Days senior volunteer leadership committee members during a cheque presentation held at the High Liner Foods Lunenburg Facility on September 8. High Liner's donation will be allocated to the hospital's Dialysis Unit.
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