Annuncio • May 16
George Weston Limited announces Quarterly dividend, payable on July 01, 2026 George Weston Limited announced Quarterly dividend of CAD 0.3218 per share payable on July 01, 2026, ex-date on June 15, 2026 and record date on June 15, 2026. Annuncio • Apr 15
George Weston Limited to Report Q1, 2026 Results on May 12, 2026 George Weston Limited announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 12, 2026 Annuncio • Mar 06
George Weston Limited announces Quarterly dividend, payable on April 01, 2026 George Weston Limited announced Quarterly dividend of CAD 0.2979 per share payable on April 01, 2026, ex-date on March 13, 2026 and record date on March 15, 2026. Annuncio • Feb 23
George Weston Limited, Annual General Meeting, May 12, 2026 George Weston Limited, Annual General Meeting, May 12, 2026. Location: ontario, hybrid meeting, toronto Canada Annuncio • Feb 04
George Weston Limited to Report Q4, 2025 Results on Mar 04, 2026 George Weston Limited announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Mar 04, 2026 Annuncio • Nov 19
George Weston Limited announces Quarterly dividend, payable on January 01, 2026 George Weston Limited announced Quarterly dividend of CAD 0.2979 per share payable on January 01, 2026, ex-date on December 15, 2025 and record date on December 15, 2025. Annuncio • Oct 18
George Weston Limited to Report Q3, 2025 Results on Nov 14, 2025 George Weston Limited announced that they will report Q3, 2025 results at 7:00 AM, Eastern Standard Time on Nov 14, 2025 Annuncio • Sep 12
Strosberg Wingfield Sasso LLP and Orr Taylor LLP Announce Commencement of Claims Process for $500 Million National Settlement Reaches with George Weston Limited and Loblaw Companies Limited Strosberg Wingfield Sasso LLP and Orr Taylor LLP announced the commencement of the claims process for the $500 million national settlement reached with George Weston Limited (Weston) and Loblaw Companies Limited (Loblaw) for their involvement in nationwide class action lawsuits related to alleged industry-wide price fixing of Packaged Bread sold in Canada between 2001 and 2021. The settlement agreement, approved by the applicable Courts, provides for a cash payment by Weston and Loblaw of $404 million (Loblaw having previously advanced $96 million through the earlier Loblaw Card Program). These settlement funds, less any court-approved expenses, are allocated 78% for settlement class members resident in Canada outside of Quebec and 22% for settlement class members resident in Quebec. Eligible Canadian residents who purchased Packaged Bread (including packaged bread products and bread alternatives, such as bagged bread, buns, rolls, bagels, naan bread, English muffins, wraps, pita and tortillas) for their personal use between January 1, 2001 and December 31, 2021, inclusive, must submit a completed claim form by December 12, 2025 to claim compensation from the settlement. Proof of purchase is not required. Individuals who previously received a $25 Loblaw card from the Loblaw Card Program may submit a claim for additional compensation, but they will only be paid an incremental amount above the value of the $25 Loblaw card they received if there are sufficient settlement funds available, and only if the incremental amount is more than the $5 minimum payment threshold set for the settlement. Settlement funds allocated for businesses or entities in Canada that purchased Packaged Bread for resale in the period 2001 to 2021, inclusive, are being held in Trust at this time and will be distributed as the Courts direct at a later date. The class actions continue against the remaining defendants, Canada Bread, Sobeys, Metro, Wal-Mart Canada and Giant Tiger. Annuncio • Jul 31
George Weston Limited announces Quarterly dividend, payable on October 01, 2025 George Weston Limited announced Quarterly dividend of CAD 0.8938 per share payable on October 01, 2025, ex-date on September 15, 2025 and record date on September 15, 2025. Annuncio • Jul 02
George Weston Limited to Report Q2, 2025 Results on Jul 29, 2025 George Weston Limited announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Jul 29, 2025 Annuncio • May 09
George Weston Limited Declares Quarterly Cash Dividend on Common Shares Payable on July 1, 2025 Subsequent to the end of the first quarter of 2025, the Board of Directors of George Weston Limited declared a quarterly dividend of $0.8938 per share on
Common Shares payable July 1, 2025, to shareholders of record June 15, 2025. Annuncio • Apr 08
George Weston Limited to Report Q1, 2025 Results on May 06, 2025 George Weston Limited announced that they will report Q1, 2025 results at 7:00 AM, Eastern Daylight on May 06, 2025 Annuncio • Mar 12
Renno & Vathilakis Inc. Announces Settlement Agreement with George Weston Limited and Loblaw Companies Limited Joey Zukran of LPC Avocats and Michael Vathilakis of Renno & Vathilakis Inc. announced that the $500 million settlement agreement with George Weston Limited (Weston) and Loblaw Companies Limited (Loblaw) to settle their involvement in nationwide class action lawsuits related to industry-wide price fixing for certain packaged bread products was executed by the parties on January 31, 2025. The settlement is subject to court approval in Ontario and Quebec. The Ontario Settlement Approval Hearing will take place in Toronto on May 5, 2025. The Quebec Settlement Approval Hearing will take place in Montreal on June 16, 2025. If the settlement is approved, it will resolve all claims against Loblaw and Weston relating to this matter and Loblaw, Weston and related companies will receive a full and final release on behalf of all individuals and businesses resident in Canada who purchased Packaged Bread for personal use or for resale from January 1, 2001 to December 31, 2021. The settlement provides for a cash payment by Weston and Loblaw of $404 million, with $96 million already paid by Loblaw through the previously announced Loblaw Card Program. The settlement funds, less court-approved expenses, will be allocated 78% for settlement class members resident in Canada outside Quebec and 22% for settlement class members resident in Quebec, and distributed for the benefit of eligible class members in accordance with a plan of distribution to be approved by the courts. The settlement also provides access to information that will be used in continuing the case against the remaining defendants Canada Bread, Sobeys, Metro, Wal-Mart Canada, and Giant Tiger. The proposed plan of distribution provides that individuals who purchased Packaged Bread for their personal use and not for resale may claim compensation against 99.5% of net settlement funds allocated for consumers through a claims process to be established. The amount of their compensation will depend on the number of approved claims. The courts will decide at a later time how the 0.5% of net settlement funds allocated for businesses and other purchasers of Packaged Bread for resale in the same or a modified form will be distributed. Annuncio • Feb 26
George Weston Limited Declares Fourth Quarter 2024 Dividend on Common Shares, Payable on April 1, 2025 George Weston Limited announced that subsequent to the end of the fourth quarter of 2024, the Company's Board of Directors declared a quarterly dividend on GWL Common Shares of $0.820 per share payable April 1, 2025, to shareholders of record March 15, 2025. Annuncio • Feb 17
George Weston Limited, Annual General Meeting, May 06, 2025 George Weston Limited, Annual General Meeting, May 06, 2025. Location: ontario, toronto Canada Annuncio • Jan 29
George Weston Limited to Report Q4, 2024 Results on Feb 26, 2025 George Weston Limited announced that they will report Q4, 2024 results at 7:00 AM, Eastern Standard Time on Feb 26, 2025 Annuncio • Nov 22
George Weston Limited Declares Dividend for Third Quarter of 2024, Payable on January 1, 2025 George Weston Limited declared dividend for third Quarter of 2024 on common share of $0.820 per share payable January 1, 2025, to shareholders of record December 15, 2024. Annuncio • Oct 22
George Weston Limited to Report Q3, 2024 Results on Nov 19, 2024 George Weston Limited announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on Nov 19, 2024 Annuncio • Sep 06
George Weston Limited announced that it has received $250 million in funding On September 5, 2024, George Weston Limited closed the transaction. Annuncio • Sep 04
George Weston Limited announced that it expects to receive CAD 250 million in funding George Weston Limited announced that it will issue senior unsecured notes to qualified accredited investors s in each of the provinces of Canada for the gross proceeds of $250 million on September 3, 2024. The note will bear interest rate of 4.193% and will mature on September 5, 2029. The notes will be unsecured obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. The transaction is expected to close on September 5, 2024. The transaction is subject to customary closing condition. Annuncio • Aug 01
George Weston Limited Declares Dividend for Second Quarter of 2024, Payable on October 1, 2024 George Weston Limited declared dividend for Second Quarter of 2024 on common share of $0.820 per share payable October 1, 2024, to shareholders of record September 15, 2024. Annuncio • Jul 25
$500 Million Settlement Reaches with George Weston Limited and Loblaw Companies Limited in Packaged Bread Price-Fixing Class Action The Settlement Payment, less court-approved expenses, will be distributed to eligible class members in accordance with a plan of distribution, to be approved by the courts. If the settlement is approved, it will resolve all the plaintiffs' claims against Loblaw and George Weston relating to this matter. Further details will be available when court approval is sought, which will be before the end of the year. Annuncio • Jul 04
George Weston Limited to Report Q2, 2024 Results on Jul 30, 2024 George Weston Limited announced that they will report Q2, 2024 results at 7:00 AM, Eastern Daylight on Jul 30, 2024 Annuncio • May 09
George Weston Limited Declares a Quarterly Dividend on GWL Common Shares, Payable on July 1, 2024 George Weston Limited declared quarterly dividend of $0.820 per share payable July 1, 2024, to shareholders of record June 15, 2024. Annuncio • Apr 10
George Weston Limited to Report Q1, 2024 Results on May 07, 2024 George Weston Limited announced that they will report Q1, 2024 results at 7:00 AM, Eastern Daylight on May 07, 2024 Annuncio • Mar 01
George Weston Limited Declares Quarterly Dividend, Payable on April 1, 2024 George Weston Limited declared quarterly dividend of $0.713 per share payable on April 1, 2024, to shareholders of record March 15, 2024. Annuncio • Feb 10
George Weston Limited, Annual General Meeting, May 07, 2024 George Weston Limited, Annual General Meeting, May 07, 2024. Annuncio • Feb 01
George Weston Limited to Report Q4, 2023 Results on Feb 28, 2024 George Weston Limited announced that they will report Q4, 2023 results at 7:00 AM, US Eastern Standard Time on Feb 28, 2024 Annuncio • Nov 23
George Weston Limited Declares Third Quarter Dividend, Payable on January 1, 2024 George Weston Limited declared third quarter dividend on common share of $0.713 per share payable January 1, 2024, to shareholders of record December 15, 2023. Annuncio • Oct 25
George Weston Limited to Report Q3, 2023 Results on Nov 21, 2023 George Weston Limited announced that they will report Q3, 2023 results at 7:00 AM, US Eastern Standard Time on Nov 21, 2023 Annuncio • Jul 06
George Weston Limited to Report Q2, 2023 Results on Aug 01, 2023 George Weston Limited announced that they will report Q2, 2023 results at 7:00 AM, Eastern Daylight on Aug 01, 2023 Annuncio • May 10
George Weston Limited Declares A Quarterly Dividend , Payable on July 1, 2023 George Weston Limited declared a quarterly dividend on Common Shares, $0.713 per share payable July 1, 2023, to shareholders of record June 15, 2023. Annuncio • Feb 11
George Weston Limited, Annual General Meeting, May 09, 2023 George Weston Limited, Annual General Meeting, May 09, 2023. Annuncio • Feb 02
George Weston Limited to Report Q4, 2022 Results on Mar 01, 2023 George Weston Limited announced that they will report Q4, 2022 results at 7:00 AM, US Eastern Standard Time on Mar 01, 2023 Annuncio • Nov 23
George Weston Limited Declares Quarterly Dividend on Common Shares, Payable on January 1, 2023 The board of directors of George Weston Limited declared a quarterly dividend on GWL common shares $0.660 per share payable January 1, 2023, to shareholders of record December 15, 2022. Annuncio • Oct 26
George Weston Limited to Report Q3, 2022 Results on Nov 22, 2022 George Weston Limited announced that they will report Q3, 2022 results at 7:00 AM, US Eastern Standard Time on Nov 22, 2022 Annuncio • Jul 30
George Weston Limited Declares Quarterly Common Share Dividend for the Second Quarter of 2022, Payable October 1, 2022 George Weston Limited declared quarterly common share dividend of $0.660 per share for the second quarter of 2022, payable October 1, 2022, to shareholders of record September 15, 2022. Annuncio • Jul 01
George Weston Limited to Report Q2, 2022 Results on Jul 29, 2022 George Weston Limited announced that they will report Q2, 2022 results at 7:00 AM, Eastern Daylight on Jul 29, 2022 Annuncio • Apr 13
George Weston Limited to Report Q1, 2022 Results on May 10, 2022 George Weston Limited announced that they will report Q1, 2022 results at 7:00 AM, Eastern Daylight on May 10, 2022 Annuncio • Mar 04
George Weston Limited Declares A Quarterly Dividend on Common Shares, Payable April 1, 2022 Board of Directors of George Weston Limited declared a quarterly dividend on GWL Common Shares as follows: Common Shares of $0.600 per share payable April 1, 2022, to shareholders of record March 15, 2022. Annuncio • Feb 12
George Weston Limited, Annual General Meeting, May 10, 2022 George Weston Limited, Annual General Meeting, May 10, 2022. Annuncio • Feb 03
George Weston Limited to Report Q4, 2021 Results on Mar 02, 2022 George Weston Limited announced that they will report Q4, 2021 results at 6:00 AM, US Eastern Standard Time on Mar 02, 2022 Annuncio • Dec 30
Hearthside Food Solutions LLC completed the acquisition of Weston Foods Ambient Bakery Business from George Weston Limited (TSX:WN). Hearthside Food Solutions LLC signed a definitive agreement to acquire Weston Foods Ambient Bakery Business from George Weston Limited (TSX:WN) for CAD 370 million on November 15, 2021. The acquisition includes six North American bakery facilities (including one in Canada). In a related transaction, George Weston also entered into a definitive agreement to sell its fresh and frozen bakery businesses to affiliated entities of FGF Brands Inc. for aggregate cash consideration of CAD 1.2 billion. Together with the sale of the fresh and frozen business, the sale of the ambient business represents the disposition of George Weston’s entire bakery business, for an aggregate value of CAD 1.57 billion at a combined multiple of approximately 10x the estimated 2021 EBITDA for the bakery segment. Weston Foods’ 1,100 employees will join the Hearthside family.
The sale of the Weston Foods ambient business is subject to compliance with the Hart-Scott Rodino Antitrust Improvements Act of 1976 and other closing conditions customary in transactions of this nature. Subject to the receipt of all regulatory approvals and satisfaction of customary transaction closing conditions, George Weston expects to close the transaction before the end of the first quarter of 2022. The company expects to return the net proceeds from the transactions to shareholders through share repurchases over time.
Houlihan Lokey and CIBC Capital Markets are serving as financial advisors and Marina G. Aronchik, William R. Kucera, Marc F. Sperber, Debra B. Hoffman, William H. Stallings, Meytal McCoy, Kim A. Leffert, David B. H. Saye and Cory S. Menees of Mayer Brown LLP and Adrienne DiPaolo, Ebad Rahman, Mitch Frazer, Darryl Hiscocks, Andrew Gray, Molly Reynolds, Michelle Nelles, Teresa Reguly, Michael Fortier, Tom Zverina, Rose Bailey, Dany Assaf, Corrado Cardarelli and Gwen Watson of Torys LLP are acting as legal advisors to George Weston. Ropes & Gray LLP and Stikeman Elliott LLP are acting as legal advisors to Hearthside.
Hearthside Food Solutions LLC completed the acquisition of Weston Foods Ambient Bakery Business from George Weston Limited (TSX:WN) on December 29, 2021. Annuncio • Dec 11
FGF Brands Inc. completed the acquisition of Weston Foods Fresh and Frozen Bakery Businesses of George Weston Limited (TSX:WN) for CAD 1.1 billion. FGF Brands Inc. signed a definitive agreement to acquire Weston Foods Fresh and Frozen Bakery Businesses of George Weston Limited (TSX:WN) for CAD 1.2 billion on October 25, 2021. Under the terms of agreement, FGF Brands is paying the consideration in cash. The purchase price represents approximately a 10.0x multiple on the 2021 estimated EBITDA of the Weston Foods fresh and frozen bakery businesses. Scotiabank provided financing. FGF Brands will pay a termination fee of CAD 72 million in case of deal termination. The transaction is subject to compliance with the Competition Act (Canada) and the Hart-Scott Rodino Antitrust Improvements Act of 1976 and other closing conditions customary in transactions of this nature and subject to the receipt of all regulatory approvals and satisfaction of customary transaction closing conditions. George Weston expects to close the transaction before the end of the first quarter of 2022. The Company expects to return the net proceeds from the transaction to shareholders through share repurchases over time.
Matthew Kaczmarek, Matt DiCesare and Ben Getka of Houlihan Lokey and CIBC Capital Markets are serving as financial advisors and Adrienne DiPaolo, Ebad Rahman, Mitch Frazer, Darryl Hiscocks, Andrew Gray, Molly Reynolds, Michelle Nelles, Teresa Reguly, Michael Fortier, Tom Zverina, Rose Bailey, Dany Assaf, Rebecca Wagner, Corrado Cardarelli and Gwen Watson of Torys LLP and William R. Kucera, Bill Kucera, Marc Sperber, Marina Aronchik, Debbie Hoffman, Bill Stallings, Meytal McCoy, Kim Leffert, David Saye and Cory Menees of Mayer Brown LLP are acting as legal advisors to George Weston. Scotiabank is serving as financial advisor and Joel E. Binder and Timothy Chubb of Stikeman Elliott LLP and Sean D. Rodgers, Martha L. Todd and Sean Rodgers, Kate Rainey Willson of Kirkland & Ellis LLP are acting as legal advisors to FGF. Richard Higa at McCarthy Tétrault LLP advised Scotiabank on the financing.
FGF Brands Inc. completed the acquisition of Weston Foods Fresh and Frozen Bakery Businesses of George Weston Limited (TSX:WN) for CAD 1.1 billion on December 10, 2021. Prior to closing, purchase price was revised, including an adjustment to the working capital provisions as a result of seasonal fluctuations in inventory and accounts receivable. Annuncio • May 12
George Weston Limited Declares a Quarterly Dividend, Payable on July 1, 2021 George Weston Limited's Board of Directors declared a quarterly dividend on GWL Common Shares of $0.550 per share payable July 1, 2021, to shareholders of record as of June 15, 2021. Annuncio • Feb 10
George Weston Limited, Annual General Meeting, May 11, 2021 George Weston Limited, Annual General Meeting, May 11, 2021. Annuncio • Feb 03
George Weston Limited to Report Q4, 2020 Results on Mar 02, 2021 George Weston Limited announced that they will report Q4, 2020 results at 6:00 AM, US Eastern Standard Time on Mar 02, 2021 Annuncio • Jul 01
George Weston Limited to Report Q2, 2020 Results on Jul 28, 2020 George Weston Limited announced that they will report Q2, 2020 results at 6:00 AM, US Eastern Standard Time on Jul 28, 2020