Equity and Cash Repayment 2023
ActionsLegacy Co-operative is a different kind of business!
We’re 100% locally owned by our members, we live in and contribute to the communities we serve, and we keep 100% of our profits in our community.
2023 was a strong year for both sales and savings, with sales topping $134 million dollars and pre-tax net earnings of more than $7 million dollars.
The Board of Directors approved an allocation of $4.3 million to our members in equity and cash back based on the member purchases in the 2023 fiscal year. $2.8 million of this allocation is paid out as cheques to our members, putting money back in your pockets. Your equity allocation is based on your purchases with Legacy Co-op in the 2023 fiscal year.
Allocations are as follows:
Clear Fuel 5.00%
Dyed Fuel 5.50%
Oil & Grease 10.00%
Hardware/Lumber/ Farm Supply 1.00%
Tanks/Ag Equipment/Bins 3.00%
Feed 1.00%
Food 2.50%
Wine/Spirits/Beer 2.50%
Crop Protection/Seed 2.00%
Fertilizer 0.25%
Keep an eye on those mailboxes, cheques are in the mail.
In 2023, we invested more than $300,000 to various groups and places that matter to our members, and we share our profits with members who support us.
We thank you for your support.