/Not for distribution to U.S. newswire
services or for dissemination in the
United States./
WINNIPEG, MB, June 17,
2024 /CNW/ - Boyd Group Services Inc. (TSX: BYD)
today announced a cash dividend for the second quarter of 2024 of
$0.15 per common share. The dividend
will be payable on July 29, 2024 to
common shareholders of record at the close of business on
June 30, 2024.
Shareholders who are non-residents of Canada will be subject to withholding taxes in
respect of any dividends made by Boyd Group Services Inc.
ON BEHALF OF THE BOARD OF DIRECTORS
of Boyd Group Services Inc.
Mr. Timothy O'Day,
President & CEO
About Boyd Group Services Inc.
Boyd Group Services
Inc. ("BGSI") is a Canadian corporation and controls The Boyd Group
Inc. and its subsidiaries. BGSI shares trade on the Toronto Stock
Exchange ("TSX") under the symbol BYD. For more information on The
Boyd Group Inc. or BGSI, please visit our website at
https://www.boydgroup.com.
About The Boyd Group Inc.
The Boyd Group Inc. (the
"Company") is one of the largest operators of non-franchised
collision repair centres in North
America in terms of number of locations and sales. The
Company operates locations in Canada under the trade names Boyd Autobody
& Glass (https://www.boydautobody.com) and Assured Automotive
(https://www.assuredauto.ca) as well as in the U.S. under the trade
name Gerber Collision & Glass
(https://www.gerbercollision.com). In addition, the Company is a
major retail auto glass operator in the U.S. with operations under
the trade names Gerber Collision & Glass, Glass America, Auto
Glass Service, Auto Glass Authority and Autoglassonly.com. The
Company also operates a third party administrator, Gerber National
Claims Services, that offers glass, emergency roadside and first
notice of loss services. The Company also operates a Mobile Auto
Solutions ("MAS") service that offers scanning and calibration
services. For more information on The Boyd Group Inc. or Boyd Group
Services Inc., please visit our website at
https://www.boydgroup.com.
Caution concerning forward-looking
statements
Statements made in this press release,
other than those concerning historical financial information, may
be forward-looking and therefore subject to various risks and
uncertainties. Some forward-looking statements may be identified by
words like "may", "will", "anticipate", "estimate", "expect",
"intend", or "continue" or the negative thereof or similar
variations. Readers are cautioned not to place undue reliance on
such statements, as actual results may differ materially from those
expressed or implied in such statements. Factors that could cause
results to vary include, but are not limited to: employee relations
and staffing; acquisition and new location risk; operational
performance; brand management and reputation; market environment
change; reliance on technology; supply chain risk; margin pressure
and sales mix changes; pandemic risk & economic downturn;
changes in client relationships; decline in number of insurance
claims; environmental, health and safety risk; climate change and
weather conditions; competition; access to capital; dependence on
key personnel; tax position risk; corporate governance; increased
government regulation and tax risk; fluctuations in operating
results and seasonality; risk of litigation; execution on new
strategies; insurance risk; interest rates; U.S. health care costs
and workers compensation claims; foreign currency risk; capital
expenditures; low capture rates; and energy costs and BGSI's
success in anticipating and managing the foregoing risks.
We caution that the foregoing list of factors is not
exhaustive and that when reviewing our forward-looking statements,
investors and others should refer to the "Risk Factors" section of
BGSI's Annual Information Form, the "Risks and Uncertainties" and
other sections of our Management's Discussion and Analysis of
Operating Results and Financial Position and our other periodic
filings with Canadian securities regulatory authorities. All
forward-looking statements presented herein should be considered in
conjunction with such filings.
SOURCE Boyd Group Services Inc.
