Welcome to our dedicated page for Gfl Environmental news (Ticker: GFL), a resource for investors and traders seeking the latest updates and insights on Gfl Environmental stock.
GFL Environmental Inc (GFL) provides essential environmental services across North America, specializing in solid waste management, liquid waste processing, and soil remediation solutions. This news hub offers investors and industry professionals timely access to corporate developments, regulatory updates, and operational milestones.
Track all official press releases and third-party analysis covering GFL's municipal partnerships, acquisition strategies, and sustainability initiatives. Our curated collection simplifies monitoring of earnings reports, service expansions, and compliance achievements in the waste management sector.
Key updates include coverage of:
• Quarterly financial performance
• Strategic acquisitions
• Regulatory compliance developments
• Environmental innovation projects
Bookmark this page for streamlined access to GFL's evolving market position and operational updates. Combine our news feed with fundamental analysis tools for comprehensive investment research in the environmental services sector.
GFL Environmental (NYSE: GFL) (TSX: GFL) has received approval from the Toronto Stock Exchange to resume its normal course issuer bid (NCIB) share repurchase program. The company can repurchase up to 28,046,256 subordinate voting shares during the 12-month period ending March 2, 2026.
The company has already repurchased 7,618,758 shares for cancellation, leaving 20,427,498 shares available for future repurchases. Notably, the 17,050,298 shares repurchased from BC Partners on March 25, 2025, and any shares purchased in secondary offerings under the Ontario Securities Commission's exemptive relief order won't count toward the NCIB limit.
Future purchases will be conducted through the TSX, NYSE, and alternative Canadian and U.S. trading systems, subject to market conditions.
GFL Environmental (NYSE: GFL) (TSX: GFL) has announced a 10% increase in its regular quarterly cash dividend. The dividend will increase from US$0.014 to US$0.0154 per share. The enhanced dividend will be paid on April 30, 2025 to shareholders of record as of April 14, 2025. The company has designated this dividend as an eligible dividend under the Income Tax Act (Canada).
GFL Environmental (NYSE: GFL) (TSX: GFL) has scheduled its 2025 first quarter financial results release for Wednesday, April 30, 2025, after market close. The company will host an investor conference call on Thursday, May 1, 2025, at 8:30 am Eastern Time.
Investors can access the conference call through multiple channels: via audio webcast on the company's investor page (investors.gflenv.com), toll-free dial-in numbers for Canada (1-833-950-0062) and the United States (1-833-470-1428) with access code 388082, or through pre-registration using the provided link.
GFL Environmental (NYSE: GFL) (TSX: GFL) has announced the completion of a secondary offering involving multiple transactions. The company acquired 7,056,027 subordinate voting shares through a Secondary Offering Transaction, following exemptive relief from the Ontario Securities Commission allowing purchases of up to 38,157,045 shares until March 13, 2026.
Additionally, GFL purchased 17,050,298 subordinate voting shares from BC Partners funds on March 25, 2025, and 7,618,758 shares under its normal course issuer bid (NCIB). In total, GFL has purchased and cancelled 31,725,083 subordinate voting shares. While the company has exhausted its NCIB capacity, it maintains the ability to purchase up to 14,050,720 additional shares under the Ontario Securities Commission Order.
GFL Environmental has announced a significant share buyback initiative, purchasing 17,050,298 subordinate voting shares directly from BC Partners at US$46.92 per share, representing a 3.5% discount to the NYSE closing price on March 25, 2025. Additionally, GFL plans to repurchase up to 7,056,027 subordinate voting shares from RBC Dominion Securities in a secondary offering.
The transactions are part of GFL's strategy to utilize approximately $2.25 billion from the sale of its Environmental Services business for share repurchases. Following the direct buyback, BC Partners will hold approximately 20.5% of outstanding subordinate voting shares, representing 14.8% of total voting power.
The company received exemptive relief from the Ontario Securities Commission allowing it to repurchase up to 50% of subordinate voting shares from underwriters in secondary offerings over 12 months, with a maximum limit of 38,157,045 shares.
GFL Environmental (NYSE: GFL) (TSX: GFL) has secured exemptive relief from the Ontario Securities Commission, enabling the company to repurchase subordinate voting shares from underwriters in Ontario during secondary offerings. The Order allows GFL to purchase up to 50% of shares offered in such offerings over the next 12 months, with a maximum cap of 38,157,045 shares (10% of current outstanding shares).
The company plans to utilize approximately $2.25 billion from its recent Environmental Services business sale for opportunistic share repurchases, subject to market conditions. These purchases can be made through their normal course issuer bid, the Order, or other legal means. All purchases under this Order will be made at a discount to the closing price on TSX and NYSE, overseen by a special committee of independent directors.
GFL Environmental Inc. (NYSE: GFL) has announced the sale of its Environmental Services business to Apollo (NYSE: APO) and BC Partners funds for $8 billion. The transaction structure allows GFL to maintain a 44% equity interest, while Apollo Funds and BC Funds will each hold 28%.
The proceeds will be strategically allocated to:
- Debt repayment
- Up to $2.25 billion for share repurchases
- Transaction fees and general corporate purposes
This strategic move enables GFL, North America's fourth-largest diversified environmental services company, to accelerate its balance sheet deleveraging toward investment grade levels, pursue organic growth initiatives, and implement solid waste M&A opportunities. The company also plans to enhance shareholder returns through share repurchases and future dividend increases.
GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) has successfully completed the sale of its Environmental Services business at an enterprise value of $8.0 billion. The company maintained a $1.7 billion equity stake in the sold business unit.
The company plans to allocate the transaction proceeds as follows:
- Up to $3.75 billion for debt repayment
- Up to $2.25 billion for potential share repurchases, subject to market conditions
- Remaining funds for transaction fees and general corporate purposes
GFL Environmental has announced a new share repurchase program (NCIB) running from March 3, 2025 to March 2, 2026. The company plans to allocate up to $2.25 billion from the proceeds of its Environmental Services business sale to repurchase subordinate voting shares.
The program allows GFL to repurchase up to 28,046,256 subordinate voting shares, representing 10% of the public float. Daily repurchases will be to 64,492 shares, with exceptions for block purchases. The buyback will be conducted through TSX and NYSE facilities, with the majority of proceeds targeted at purchasing shares from sponsor shareholders.
GFL has received special permission from the Ontario Securities Commission to purchase up to 10% of its public float through NYSE and U.S.-based trading systems, exceeding the standard 5% limit. All repurchased shares will be cancelled.
GFL Environmental, North America's fourth-largest environmental services company, hosted its 2025 Investor Day in New York City to present its 2028 financial framework. The company outlined ambitious growth targets, including:
- Annual organic revenue growth of 5.0-6.0%
- 40 basis points annual organic Adjusted EBITDA margin expansion
- Revenue contribution of $285-440M from EPR, RNG and self-help levers (2026-2028)
- Adjusted EBITDA contribution of $270-380M from same initiatives
By 2028, GFL projects revenue between $9.24-9.49 billion and Adjusted EBITDA between $3.04-3.12 billion. The company plans to deploy $700-900M annually for acquisitions while maintaining net leverage in the low 3s. These projections assume continued organic growth, operational efficiencies, and stable economic conditions.
