GFL Environmental announces commencement of share repurchase program

GFL Environmental (GFL) announced that the Toronto Stock Exchange has accepted the company’s notice of intention to commence a normal course issuer bid for the 12-month period commencing on March 3 and ending no later than March 2, 2026. The NCIB will be conducted through the facilities of the TSX and the New York Stock Exchange or alternative Canadian and U.S. trading systems, if eligible. The NCIB only relates to subordinate voting shares, of which GFL had 381,570,455 subordinate voting shares issued and outstanding as of February 18. Under the NCIB, a maximum of 28,046,256 subordinate voting shares may be repurchased by GFL. All subordinate voting shares repurchased by GFL under the NCIB will be cancelled.