GFL Environmental ( (TSE:GFL) ) has provided an announcement.
GFL Environmental Inc. announced a secondary offering of 15,739,769 subordinate voting shares by selling shareholders, including Ontario Teachers’ Pension Plan Board and other entities. The company will not receive proceeds from this sale, which will be managed by RBC Capital Markets and RBC Dominion Securities in the U.S. and Canada, respectively. This offering, detailed in the prospectus supplement, is part of a multi-jurisdictional disclosure system between Canada and the U.S., potentially impacting the company’s market presence and shareholder dynamics.
More about GFL Environmental
GFL Environmental Inc., headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America. It offers a comprehensive line of solid waste management services through its platform of facilities across Canada and in 18 U.S. states, employing over 15,000 people.
YTD Price Performance: 8.13%
Average Trading Volume: 1,813,877
Technical Sentiment Signal: Sell
Current Market Cap: $18.92B
Learn more about GFL stock on TipRanks’ Stock Analysis page.