Stock information

Common Dividend Policy

The declaration and payment of dividends on the Company’s common shares and the amount thereof are at the discretion of the Board of Directors which takes into account the Company’s financial results, capital requirements, available cash flow, future prospects of the Company’s business and other factors considered relevant from time to time. Over the long term, it is the Company’s intention to increase the amount of the dividend while retaining appropriate free cash flow to finance future growth.

Preferred Share Dividend Dates

The declaration and payment of quarterly dividends are made subject to approval by the Board of Directors. The anticipated payment dates for 2022 are: March 31, June 30, September 30 and December 31. 

Designation of Eligible Dividends

Loblaw Companies Limited, for the purposes of the Income Tax Act and any similar provincial legislation, advises that its dividends indicated as "Eligible" below are eligible dividends, and those indicated as "Ineligible" are not eligible dividends.

Notice of termination of Loblaw Dividend Reinvestment Plan ("DRIP")

A share certificate for whole common shares held under a Participant’s account under the DRIP and a cash payment for any fractions of a share held in such account, based on the closing price of the common shares on the TSX as of the close of the trading day following the date of the termination of the DRIP, will be remitted to the Participant.

Stock Exchange Listing and Symbol

The Company's common shares and second preferred shares are listed on the Toronto Stock Exchange and trade under the symbols "L" and "L.PR.B", respectively.

Common Shares

As of March 15, 2021 George Weston Limited beneficially owned, directly and indirectly, a total of 180,963,387 common shares, representing 52.6% of the 344,359,658 issued and outstanding common shares. George Weston Limited is controlled by Galen G. Weston. The average daily trading volume of the Company’s common shares for 2020 was 712,325.

Preferred Shares

As of January 2, 2021, there were 9,000,000 second preferred shares, Series B issued and outstanding. The average daily trading volume of the Company’s second preferred shares, Series B for 2020 was 4,313.

Registrar and Transfer Agent

Computershare Investor Services Inc. 100 University Avenue Toronto, Canada M5J 2Y1

Toll free: 1-800-564-6253 (Canada and U.S.) Fax: (514) 982-7635 Toll free fax: 1-888-453-0330 International direct dial: (514) 982-7555

To change your address, to eliminate multiple mailings, or for other shareholder account inquiries, please contact Computershare Investor Services Inc. Additional financial information has been filed electronically with various securities regulators in Canada through the System for Electronic Document Analysis and Retrieval (SEDAR) and with the Office of the Superintendent of Financial Institutions (OSFI) as the primary regulator for the Company’s subsidiary, President’s Choice Bank.

National Head Office and Support Centre

Loblaw Companies Limited 1 President's Choice Circle Brampton, Ontario, Canada L6Y 5S5 Tel: 905-459-2500 Fax: 905-861-2206

Registered Office

22 St. Clair Avenue East Toronto, Ontario, Canada M4T 2S5 Tel: 416-922-8500 Fax: 416-922-8508