Waste Connections renews normal course issuer bid for share repurchases

Waste Connections has received approval from the Toronto Stock Exchange for the annual renewal of its normal course issuer bid. The renewal will follow on the conclusion of the company’s current NCIB expiring August 9. Pursuant to the renewed NCIB, Waste Connections proposes to purchase through the facilities of the TSX, the NYSE and/or alternative Canadian trading systems, from time to time over the next 12 months, if considered advisable, up to 12,901,981 common shares, being 5% of its 258,039,620 issued and outstanding common shares as of August 1, 2024. In accordance with TSX rules, any daily repurchases would be limited to a maximum of 25% of the average daily trading volume on the TSX of 240,359 common shares. Waste Connections is authorized to make purchases during the period of August 12, 2024, to August 11, 2025, or until such earlier time as the NCIB is completed or terminated at the option of the company. Since the commencement of the current NCIB, the company has not purchased any common shares through the facilities of the TSX, NYSE and/or alternative Canadian trading systems.