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Maple Leaf Foods to Report Third Quarter 2025 Financial Results on November 5th
Prnewswire· 2025-10-01 10:00
Core Viewpoint - Maple Leaf Foods Inc. is set to release its third quarter 2025 financial results on November 5, 2025, at 6:00 am ET, followed by a conference call at 8:00 am ET [1][2]. Group 1: Financial Results Announcement - The third quarter 2025 financial results will be released on November 5, 2025, at 6:00 am ET [1]. - A conference call and webcast will follow the results release, starting at 8:00 am ET [2]. Group 2: Conference Call Details - The conference call will feature Curtis Frank, President and CEO, and David Smales, CFO [2]. - Participants can join the call by dialing 416-945-7677 or 1-888-699-1199 [2]. - Playback of the conference call will be available an hour after the event [2]. Group 3: Company Overview - Maple Leaf Foods is a leading protein company producing food products under various brands, including Maple Leaf, Schneiders, and LightLife [3]. - The company employs approximately 13,500 people and operates primarily in Canada, the U.S., and Asia [3]. - Maple Leaf Foods is headquartered in Mississauga, Ontario, and its shares are traded on the Toronto Stock Exchange (MFI) [3].
Maple Leaf Foods Announces Record Date and Anticipated Closing Date for Spin-Off of Canada Packers
Prnewswire· 2025-09-26 20:00
Core Viewpoint - Maple Leaf Foods Inc. is set to complete the spinoff of its pork operations into a new entity, Canada Packers Inc., on October 1, 2025, following necessary approvals and a favorable ruling from the Canada Revenue Agency [1][2]. Summary by Sections Spinoff Details - The spinoff will result in Maple Leaf Foods retaining a 16% ownership interest in Canada Packers, with the remaining shares distributed pro-rata to existing shareholders [2]. - Each shareholder will receive 0.2 common shares of Canada Packers for each common share of Maple Leaf Foods held on the record date of September 30, 2025 [2]. - Approximately 29,720,492 Canada Packers Common Shares are expected to be available post-arrangement, with 24,965,214 shares distributed to shareholders and 4,755,278 shares retained by Maple Leaf Foods [2]. Trading Information - A "due bill" trading market for Maple Leaf Foods Common Shares will commence on September 30, 2025, and end on October 1, 2025 [3]. - The MLF Common Shares will trade under the symbol "MFI" and Canada Packers Common Shares will trade under the symbol "CPKR" starting October 2, 2025 [3]. - Shareholders may receive their Canada Packers Common Shares at a later date depending on their brokerage account setup [3]. Dividend Announcement - Shareholders of record as of September 5, 2025, will receive a quarterly dividend of $0.24 per common share, payable on September 29, 2025 [4]. Company Background - Maple Leaf Foods is a leading protein-focused consumer packaged goods company based in Mississauga, Ontario, known for its commitment to sustainability and quality in food production [6]. - Canada Packers is one of North America's largest producers of raised without antibiotics pork, aiming to set a global standard in sustainable pork production [7].