Mr. Patrick Dovigi reports
GFL ENVIRONMENTAL INC. RESUMES SHARE REPURCHASE PROGRAM
The Toronto Stock Exchange (TSX) has approved the resumption of
GFL Environmental Inc.'s previously announced normal course issuer bid (NCIB).
A maximum of 28,046,256 subordinate voting shares may be repurchased by GFL under the NCIB during the 12-month period ending March 2, 2026. GFL is no longer required to count toward this limit the 17,050,298 subordinate voting shares it repurchased from BC Partners on March 25, 2025, or any shares purchased by the company in a secondary offering pursuant to the exemptive relief order it received from the Ontario Securities Commission on March 13, 2025.
To date, GFL has repurchased for cancellation 7,618,758 subordinate voting shares under the NCIB, leaving 20,427,498 subordinate voting shares still available to be repurchased. GFL intends to resume purchasing subordinate voting shares under its NCIB, subject to market conditions. Purchases under the NCIB will be made through the facilities of the TSX and the New York Stock Exchange, or alternative Canadian and United States trading systems, if eligible.
About GFL Environmental Inc.
GFL, headquartered in Vaughan, Ont., is the fourth-largest diversified environmental services company in North America, providing a comprehensive line of solid-waste management services through its platform of facilities throughout Canada and in 18 U.S. states. Across its organization, GFL has a work force of more than 15,000 employees.
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