GFL Environmental Inc. (GFL, Financial) has received approval from the Toronto Stock Exchange to continue its previously announced normal course issuer bid, allowing the company to repurchase its own shares. The authorization permits GFL to acquire up to 28,046,256 subordinate voting shares over a 12-month period, concluding on March 2, 2026.
Importantly, GFL will not have to consider the 17,050,298 subordinate voting shares it acquired from BC Partners on March 25 against this total limit. Additionally, any shares bought in a secondary offering under the Ontario Securities Commission's exemptive relief order, issued on March 13, are also excluded from the maximum repurchase count.
