GFL Environmental Inc. Announces Closing of Secondary Offering by Selling Shareholders
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 (NYSE: GFL) (TSX: GFL) ha annunciato il completamento di un'offerta secondaria che coinvolge più transazioni. L'azienda ha acquisito 7.056.027 azioni di voto subordinate attraverso una Transazione di Offerta Secondaria, dopo aver ricevuto un'esenzione dalla Ontario Securities Commission che consente acquisti fino a 38.157.045 azioni fino al 13 marzo 2026.
Inoltre, GFL ha acquistato 17.050.298 azioni di voto subordinate da fondi di BC Partners il 25 marzo 2025, e 7.618.758 azioni nell'ambito della sua offerta di acquisto normale (NCIB). In totale, GFL ha acquistato e annullato 31.725.083 azioni di voto subordinate. Sebbene l'azienda abbia esaurito la sua capacità NCIB, mantiene la possibilità di acquistare fino a 14.050.720 azioni aggiuntive ai sensi dell'Ordine della Ontario Securities Commission.
GFL Environmental (NYSE: GFL) (TSX: GFL) ha anunciado la finalización de una oferta secundaria que involucra múltiples transacciones. La empresa adquirió 7,056,027 acciones de voto subordinadas a través de una Transacción de Oferta Secundaria, tras recibir una exención de la Ontario Securities Commission que permite compras de hasta 38,157,045 acciones hasta el 13 de marzo de 2026.
Además, GFL compró 17,050,298 acciones de voto subordinadas de fondos de BC Partners el 25 de marzo de 2025, y 7,618,758 acciones bajo su oferta normal de compra (NCIB). En total, GFL ha comprado y cancelado 31,725,083 acciones de voto subordinadas. Aunque la empresa ha agotado su capacidad NCIB, mantiene la posibilidad de comprar hasta 14,050,720 acciones adicionales bajo la Orden de la Ontario Securities Commission.
GFL Environmental (NYSE: GFL) (TSX: GFL)는 여러 거래가 포함된 2차 공모의 완료를 발표했습니다. 이 회사는 7,056,027주의 우선 투표 주식을 2차 공모 거래를 통해 인수했으며, 이는 2026년 3월 13일까지 38,157,045주까지 구매를 허용하는 온타리오 증권 위원회의 면제를 받은 것입니다.
또한, GFL은 2025년 3월 25일에 BC 파트너스 펀드로부터 17,050,298주의 우선 투표 주식을 구매하였고, 정상적인 주식 매입 제안(NCIB) 하에 7,618,758주를 구매했습니다. 총 31,725,083주의 우선 투표 주식을 구매 및 취소했습니다. 회사는 NCIB 용량을 소진했지만, 온타리오 증권 위원회 명령에 따라 최대 14,050,720주의 추가 주식을 구매할 수 있는 능력을 유지하고 있습니다.
GFL Environmental (NYSE: GFL) (TSX: GFL) a annoncé l'achèvement d'une offre secondaire impliquant plusieurs transactions. La société a acquis 7 056 027 actions à droit de vote subordonné par le biais d'une transaction d'offre secondaire, après avoir obtenu une dérogation de la Commission des valeurs mobilières de l'Ontario permettant des achats allant jusqu'à 38 157 045 actions jusqu'au 13 mars 2026.
De plus, GFL a acheté 17 050 298 actions à droit de vote subordonné de fonds BC Partners le 25 mars 2025, et 7 618 758 actions dans le cadre de son offre de rachat normale (NCIB). Au total, GFL a acheté et annulé 31 725 083 actions à droit de vote subordonné. Bien que la société ait épuisé sa capacité NCIB, elle conserve la possibilité d'acheter jusqu'à 14 050 720 actions supplémentaires en vertu de l'Ordonnance de la Commission des valeurs mobilières de l'Ontario.
GFL Environmental (NYSE: GFL) (TSX: GFL) hat den Abschluss eines Sekundärangebots bekannt gegeben, das mehrere Transaktionen umfasst. Das Unternehmen erwarb 7.056.027 nachrangige Stammaktien im Rahmen einer Sekundärangebotstransaktion, nachdem es von der Ontario Securities Commission eine Befreiung erhalten hatte, die den Kauf von bis zu 38.157.045 Aktien bis zum 13. März 2026 erlaubt.
Darüber hinaus kaufte GFL am 25. März 2025 17.050.298 nachrangige Stammaktien von BC Partners-Fonds und 7.618.758 Aktien im Rahmen seines regulären Aktienrückkaufangebots (NCIB). Insgesamt hat GFL 31.725.083 nachrangige Stammaktien gekauft und annulliert. Obwohl das Unternehmen seine NCIB-Kapazität erschöpft hat, behält es die Möglichkeit, bis zu 14.050.720 zusätzliche Aktien gemäß der Anordnung der Ontario Securities Commission zu kaufen.
- Large-scale share repurchase program demonstrates confidence in company value
- Significant reduction in share count could improve earnings per share metrics
- Company maintains flexibility with remaining capacity to purchase 14,050,720 shares
- Substantial cash outflow for share repurchases could impact available capital for operations
- Complete utilization of NCIB capacity limits future buyback flexibility
On March 25, 2025, GFL also purchased 17,050,298 subordinate voting shares from funds managed by BC Partners (the "Share Repurchase Transaction"). In addition, GFL has purchased 7,618,758 subordinate voting shares under its normal course issuer bid announced on February 27, 2025 (the "NCIB"). Across the Secondary Offering Transaction, the Share Repurchase Transaction and its NCIB, GFL has purchased for cancellation a total of 31,725,083 subordinate voting shares. As a result, GFL has used all available capacity under its NCIB but still retains the ability to purchase up to 14,050,720 subordinate voting shares pursuant to the Order.
About GFL
GFL, headquartered in
For more information:
Patrick Dovigi
+1 905-326-0101
pdovigi@gflenv.com
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SOURCE GFL Environmental Inc.
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