Parkland Corporation (TSE:PKI) has released an update.
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Parkland Corporation has announced robust financial results for the fourth quarter and a record year-end for 2023, with a 3 percent increase in their annualized dividend marking the twelfth consecutive year of growth. The company reported a strong Adjusted EBITDA of $463 million for the quarter and a record $1,913 million for the year, alongside significant gains in net earnings per share. Parkland’s disciplined capital allocation strategy has led to a promising outlook, including repurchasing shares and continuing their commitment to deleveraging and shareholder value enhancement.
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