LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

(NYSE:L) Loews Corporation announced the declaration of a quarterly dividend of $0.0625 per share of Common Stock. The dividend is payable on December 8, 2026. Shareholders of record as of the close of business on November 25, 2026 will be eligible to receive the dividend. The announcement pertains specifically to the Company's Common Stock. No other financial or operational figures were disclosed in this announcement. No executive names or titles were mentioned in the source text. No additional commentary or forward-looking statements were included in the announcement.

Loblaw Reports Second Quarter Revenue Growth of 4.1% and Adjusted Diluted Net Earnings Per Common Share Growth of 11.9%

(TSX: L) Loblaw Companies Limited announced its unaudited financial results for the second quarter ended June 20, 2026, reporting total revenue of $15,270 million and adjusted diluted net earnings per common share growth of 11.9%. Retail sales increased by 4.1% to $15,046 million, with Food Retail sales at $10,617 million (up 3.3%) and Drug Retail sales at $4,429 million (up 6.1%). The company opened 14 new stores, including 7 Hard Discount stores, 3 drug stores, and the first T&T location in California, and repurchased 8.8 million common shares for cancellation at a cost of $552 million. Net earnings available to common shareholders were $751 million, an increase of $37 million or 5.2%, and free cash flow from Retail was $856 million, an increase of $235 million. Subsequent to quarter end, Loblaw completed the sale of PC Financial to EQB Inc. for total consideration of $1,234 million, including 7.2 million EQB shares valued at $963 million, $235 million in cash, and $36 million in commodity tax receivables. The company projects adjusted net earnings per common share growth in the high single-digits for 2026 and plans to invest approximately $2.4 billion in gross capital expenditures in its store network and distribution centres. A quarterly dividend of $0.155183 per common share was declared, payable on October 1, 2026.

Loblaw Companies Limited Enters into Automatic Share Purchase Plan to Purchase Common Shares of EQB

(TSX: L) Loblaw Companies Limited announced the closing of the sale of President’s Choice Bank and certain other affiliated entities to EQB Inc. and the establishment of a long-term strategic relationship with EQB. Loblaw has entered into an automatic share purchase plan (ASPP) with a broker to facilitate the purchase of EQB Common Shares, with the broker permitted to acquire up to an aggregate maximum number of EQB Common Shares that, when aggregated with the 8,457,601 EQB Common Shares acquired by Loblaw prior to the date of the Broker Agreement, is equal to the lesser of 10,600,000 Shares or 24.90% of the aggregate issued and outstanding Shares of the Issuer at any given time. The Ontario Securities Commission has granted exemptive relief permitting Loblaw and its affiliates to exclude the 7,237,601 EQB Common Shares issued to Loblaw by EQB on the closing of EQB’s acquisition of PC Financial from certain calculations. Loblaw operates more than 2,800 locations and employs more than 220,000 full- and part-time employees. The company serves Canadians who make one billion transactions annually in its stores. The company projects expected purchases of EQB Common Shares pursuant to the ASPP and otherwise.

Loews Corporation (NYSE:L) announced the declaration of its quarterly dividend of $0.0625 per share of Common Stock. The dividend is payable on June 9, 2026, to shareholders of record as of the close of business on May 27, 2026. Loews Corporation operates in the insurance, energy, hospitality, and packaging industries. This announcement provides investors with information on the company's dividend policy and upcoming payment schedule.

Loblaw Releases 2025 Live Life Well® Report Highlighting Progress in Sustainability, Community Support, and Social Impact

Loblaw Companies Limited (TSX: L) released its 2025 Live Life Well® report, detailing progress on environmental, social, and governance (ESG) priorities. In 2025, Loblaw donated more than 20,000 metric tonnes of food to food banks and recovery organizations, raised and donated over $23.7 million to President’s Choice Children’s Charity, and over $18.7 million to the Shoppers Foundation for Women’s Health. The company also opened 250 Pharmacy Care Clinics and advanced climate action by investing in renewable energy and improving packaging recyclability. These efforts reflect Loblaw's commitment to supporting communities, advancing social equity, and addressing climate change in Ontario, Canada.

Loblaw Companies Limited Announces Normal Course Issuer Bid

Loblaw Companies Limited (TSX: L) announced that the Toronto Stock Exchange has accepted its notice to commence a normal course issuer bid (NCIB) starting May 8, 2026, and ending May 7, 2027. Loblaw may purchase up to 58,124,733 common shares, representing approximately 5% of its issued and outstanding shares, with daily purchases limited to 312,120 shares based on recent trading volumes. As of April 30, 2026, Loblaw had 1,162,494,675 outstanding common shares. The NCIB allows for purchases on the TSX, alternative trading systems, or through private agreements, and includes participation from George Weston Limited proportionate to its ownership. Under the prior NCIB, Loblaw purchased 36,885,504 shares at a weighted average price of $59.85.

Loblaw Reports First Quarter Revenue Growth of 4.2% and Adjusted Diluted Net Earnings Per Common Share Growth of 10.6%

Loblaw Companies Limited (TSX: L) announced its unaudited financial results for the first quarter ended March 28, 2026, reporting strong topline and earnings growth. Retail revenue was $14,484 million, up $580 million or 4.2%, with Food Retail same-store sales increasing by 2.4% and Drug Retail same-store sales by 4.1%. Net earnings available to common shareholders were $594 million, an increase of $91 million or 18.1%. The company repurchased 10.2 million common shares for $648 million and made gross capital investments of $312 million. Loblaw expects to receive approximately $600 million in cash from the sale of PC Financial and increased its quarterly dividend by 10%.

Loblaw Partners with Canadian AI Company Shakudo to Accelerate Its AI Adoption and Deployment

Loblaw Companies Limited (TSX: L) announced a partnership with Canadian technology firm Shakudo to accelerate AI adoption and enhance its customer shopping experience and organizational capabilities. Loblaw will use Shakudo’s platform to build and run first-party AI applications, creating a centralized environment for its Digital and Technology & Analytics teams. The partnership is part of Loblaw’s ongoing efforts to rapidly deploy advanced systems and build ready-to-use tools internally. Loblaw is Canada’s food and pharmacy leader, with more than 2,800 locations and over 220,000 employees. This move reflects Loblaw’s commitment to supporting Canadian innovation and technology.