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Waste Management, Inc. - WM STOCK NEWS

Welcome to our dedicated page for Waste Management news (Ticker: WM), a resource for investors and traders seeking the latest updates and insights on Waste Management stock.

Waste Management, Inc. (WM) is North America's leading provider of integrated environmental solutions. Based in Houston, WM partners with communities and customers to manage and reduce waste from collection to disposal. The company focuses on recovering valuable resources and generating clean, renewable energy to minimize environmental impact.

WM tailors its services to meet the diverse needs of nearly 20 million municipal, commercial, industrial, and residential customers. Their extensive network includes 367 collection operations, 355 transfer stations, 273 active landfill sites, 16 waste-to-energy plants, 104 recycling facilities, and 111 beneficial-use landfill gas projects. This comprehensive infrastructure enables WM to offer consistent, high-quality service at the local level.

As the largest integrated provider of traditional solid waste services in the U.S., WM operates 263 active landfills and approximately 332 transfer stations. The company plays a crucial role in recycling efforts across North America, making significant contributions to sustainability and resource conservation.

Recent achievements highlight WM’s commitment to environmental performance and innovation. The company is engaged in projects designed to maximize resource value while minimizing environmental footprint. These efforts ensure that both the economy and the environment can flourish.

For the latest news and updates, visit the company's official website or follow their press releases.

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Waste Management, Inc. (WM) announced a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share, marking the twenty-first consecutive year of dividend rate increases. The annual dividend rate increases from $2.80 to $3.00 per share. The Board of Directors also authorized the repurchase of up to $1.5 billion of the Company’s common stock, superseding the prior $1.5 billion authorization announced in 2022.
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WM (NYSE: WM) has declared a quarterly cash dividend of $0.70 per share payable on December 15, 2023, to stockholders of record on December 1, 2023.
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WM (NYSE: WM) announced strong financial results for the quarter ended September 30, 2023. The company reported a 6% growth in adjusted operating EBITDA and a 100 basis point expansion in adjusted operating EBITDA margin. Core price for the quarter was 6.6% compared to 8.2% in the same period last year. Collection and disposal yield was 5.0% in Q3 2023. Operating expenses as a percentage of revenue improved to 61.3% from 62.2% in Q3 2022. The company returned $653 million to shareholders during the quarter. WM expects sustainability growth capital spending of about $750 million in 2023.
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WM (NYSE: WM) will release Q3 financial results on October 24, 2023, and host an investor conference call on October 25. A live audio webcast will be available. The Company participates in investor presentations and conferences throughout the year.
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WM declares quarterly cash dividend of $0.70 per share
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Waste Management, Inc. (NYSE: WM) has priced a public offering of $2,000,000,000 aggregate principal amount of senior notes. The offering consists of $750,000,000 aggregate principal amount of 4.875% senior notes due February 15, 2029, and $1,250,000,000 aggregate principal amount of 4.875% senior notes due February 15, 2034. The notes will be fully guaranteed by Waste Management Holdings, Inc. The offering is expected to close on August 3, 2023. The net proceeds will be used for working capital, repayment of borrowings, and general corporate purposes.
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WM (NYSE: WM) will release its second quarter financial results on July 25, 2023, followed by an investor conference call on July 26. A live audio webcast of the call will be available on investors.wm.com. Participants can pre-register for the call and find a schedule of upcoming conferences on the website.
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FAQ

What is the current stock price of Waste Management (WM)?

The current stock price of Waste Management (WM) is $205.38 as of December 24, 2024.

What is the market cap of Waste Management (WM)?

The market cap of Waste Management (WM) is approximately 82.4B.

What services does Waste Management, Inc. provide?

WM offers waste collection, transfer, disposal, recycling, and renewable energy generation services.

Where is Waste Management, Inc. headquartered?

The company is headquartered in Houston, Texas.

How many customers does WM serve?

WM serves nearly 20 million customers across municipal, commercial, industrial, and residential sectors.

What is the scope of WM's operations?

WM operates 367 collection operations, 355 transfer stations, 273 active landfills, 16 waste-to-energy plants, 104 recycling plants, and 111 landfill gas projects.

How does WM contribute to environmental sustainability?

WM focuses on reducing environmental impact through waste management, resource recovery, and renewable energy projects.

Is WM involved in recycling?

Yes, WM is a leading recycler in North America with 104 recycling facilities.

What are WM’s waste-to-energy plants?

WM operates 16 waste-to-energy plants that convert waste into renewable energy.

What recent projects has WM undertaken?

WM is involved in projects aimed at maximizing resource value and minimizing environmental impact.

How does WM tailor its services?

WM customizes its services to meet the specific needs of municipal, commercial, industrial, and residential customers.

Where can I find the latest news about WM?

Latest news and updates about WM can be found on their official website and press releases.

Waste Management, Inc.

NYSE:WM

WM Rankings

WM Stock Data

82.43B
400.28M
0.22%
83.79%
0.76%
Waste Management
Refuse Systems
Link
United States of America
HOUSTON