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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 21, 1997
THE LOEWEN GROUP INC.
(Exact name of registrant as specified in its charter)
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British Columbia, Canada 0-18429 98-0121376
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation)
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4126 Norland Avenue, Burnaby, British Columbia V5G 3S8
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 604-299-9321
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N/A
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(Former name or former address, if changed since last report)
Exhibit Index is on page 3
Page 1 of 4
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ITEM 5. OTHER EVENTS.
Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by
reference the press release attached hereto as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
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Exhibit No. Description
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Exhibit 99 The Loewen Group Inc. Press Release dated
May 21, 1997
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: May 22, 1997
THE LOEWEN GROUP INC.
By: /s/ PETER S. HYNDMAN
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Name: Peter S. Hyndman
Title: Corporate Secretary
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EXHIBIT INDEX
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Sequential
Number Exhibit Page Number
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99 The Loewen Group Inc. 4
Press Release dated May 21, 1997
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The Loewen Group Inc.
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NEWS
Investor contacts: Media Contact:
Paul Wagler, Senior Vice President, Finance Dave Laundy, Vice President,
Dwight Hawes, Vice President, Finance Corp. Communications
The Loewen Group Inc. Tel: (604) 293-7857
Tel: (800) 347-7010
FOR IMMEDIATE RELEASE
THE LOEWEN GROUP ANNOUNCES CASH DIVIDENDS ON COMMON
AND PREFERRED SHARES
VANCOUVER, B.C., May 21, 1997 - The Loewen Group Inc. (NYSE, TSE, ME: LWN)
announced today that a cash dividend of U.S. $0.10 per share on the Company's
Common shares has been declared payable on July 2, 1997 to shareholders of
record at the close of business on June 18, 1997. For Canadian shareholders, the
dividend will be paid in Canadian funds converted at the Bank of Canada noon
exchange rate on June 18, 1997. It is expected that the Common shares will begin
trading ex-dividend on June 16, 1997.
The company also announced today that the scheduled quarterly cash dividend of
Cdn. $0.375 per share on the Company's 6% Cumulative Redeemable Convertible
First Preferred Shares, Series C has been declared payable on July 2, 1997 to
shareholders of record on June 23, 1997. It is expected that the preferred
shares will begin trading ex-dividend on June 19, 1997.
With corporate offices in Vancouver, British Columbia, Cincinnati and
Philadelphia, The Loewen Group Inc. is the second largest funeral home and
cemetery operator in North America. The Company employs approximately 17,000
people and owns or operates approximately 1,000 funeral homes and over 370
cemeteries across the Untied States and Canada. Over 90% of the Company's
revenue is derived from the United States
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