/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE
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UNITED STATES./
WINNIPEG, MB,
June 17, 2021 /CNW/ -
Boyd Group Services Inc. (TSX: BYD) today announced a cash dividend
for the second quarter of 2021 of $0.141 per common share. The dividend will
be payable on July 28, 2021 to common
shareholders of record at the close of business on June 30, 2021.
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. Tim 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 http://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 ("GNCS"), that offers glass, emergency roadside and
first notice of loss 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: pandemic risk & economic downturn; operational
performance; acquisition risk; employee relations and staffing;
brand management and reputation; market environment change;
reliance on technology; foreign currency risk; loss of key
customers; decline in number of insurance claims; margin pressure
and sales mix changes; weather conditions and climate change;
competition; access to capital; dependence on key personnel; tax
position risk; corporate governance; increased government
regulation and tax risk; environmental, health and safety risk;
fluctuations in operating results and seasonality; risk of
litigation; execution on new strategies; insurance risk; dividends
not guaranteed; interest rates; U.S. health care costs and workers
compensation claims; low capture rates; supply chain risk; capital
expenditures; and energy costs and the 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.