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GFL Environmental Inc. - GFL STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GFL Environmental's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GFL Environmental's position in the market.

Rhea-AI Summary
GFL Environmental Inc. raises its quarterly cash dividend by 10% to US$0.014 per share, payable on April 30, 2024, to shareholders of record on April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
dividends
-
Rhea-AI Summary
GFL Environmental Inc. receives an upgrade in its issuer credit rating by S&P Global Ratings, moving from 'B+' to 'BB-', with a positive outlook. The company's CEO, Patrick Dovigi, highlights the focus on increasing free cash flow and de-levering the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
Tags
none
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Rhea-AI Summary
GFL Environmental Inc. announced the release of its 2024 first quarter financial results on May 1, 2024, followed by an investor conference call on May 2, 2024. The conference call can be accessed via webcast or toll-free dial-in. Participants are encouraged to pre-register for immediate access to the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.5%
Tags
Rhea-AI Summary
GFL Environmental Inc. announced the closing of a secondary offering of 21,000,000 subordinate voting shares by key stakeholders, including Ontario Teachers' Pension Plan Board and HPS Investment Partners, LLC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
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none
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Rhea-AI Summary
GFL Environmental Inc. announced a secondary offering of 21,000,000 subordinate voting shares at US$34.45 per share by Selling Shareholders, with RBC Capital Markets as underwriters. GFL will not receive any proceeds from the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
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Rhea-AI Summary
GFL Environmental Inc. announces the intention of Selling Shareholders to offer 17,000,000 subordinate voting shares for sale. The Company will not receive any proceeds from the Offering. RBC Capital Markets, LLC and RBC Dominion Securities Inc. will act as underwriters for the Offering. The Shares will be offered in all provinces and territories of Canada by way of a Prospectus Supplement to the Company's Base Shelf Prospectus.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
Rhea-AI Summary
GFL Environmental Inc. reported solid fourth-quarter 2023 results with a 7.9% increase in Solid Waste price, resulting in $1,882.8 million in revenue, and a 19.1% rise in Adjusted EBITDA. Full-year 2023 highlights include a 9.8% increase in Solid Waste price, generating $7,515.5 million in revenue, and a 21.1% increase in Adjusted EBITDA. The company also announced a full-year 2024 revenue estimate of $8,000 million and an estimated Adjusted EBITDA of $2,215 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
Tags
-
Rhea-AI Summary
GFL Environmental Inc. announces the release of its fourth quarter and full year 2023 financial results and 2024 guidance, with an investor conference call scheduled for February 21, 2024. The live audio webcast can be accessed through the Company's Investors page or by dialing in toll-free. Participants are encouraged to pre-register for the conference call to gain immediate access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
-
Rhea-AI Summary
GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) declares a cash dividend of US$0.013 per outstanding subordinate voting share and multiple voting share for Q4 2023, to be paid on January 31, 2024. The dividend is designated as an eligible dividend within the meaning of the Income Tax Act (Canada).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
dividends
Rhea-AI Summary
GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) announced the pricing of US$1 billion in aggregate principal amount of 6.750% senior secured notes due 2031 in a significantly oversubscribed transaction. The offering was upsized by US$300 million over the previously announced size. GFL intends to use the net proceeds to repay its Term Loan A Facility and most outstanding borrowings under its Revolving Credit Facility, resulting in expected annualized cash interest savings of approximately $5 million. The Notes Offering will extend a portion of the Company's debt maturity to 2031 and provide greater flexibility for future refinancings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.36%
Tags
GFL Environmental Inc.

NYSE:GFL

GFL Rankings

GFL Stock Data

12.40B
232.28M
3.16%
79.29%
1.82%
Solid Waste Landfill
Administrative and Support and Waste Management and Remediation Services
Link
Canada
Vaughan

About GFL

gfl environmental is the only major diversified environmental services company in north america offering services in solid waste management, liquid waste management and soil remediation. through a strategically located network of more than 140 facilities across canada and in michigan, gfl’s dedicated, professional team of more than 5,000 employees provides local service to more than 2.5 million households under municipal contracts and to more than 80,000 industrial, commercial and institutional customers. we offer an unparalleled commitment to customer service, reliability and efficiency and maintain an unwavering focus on safety and compliance with environmental and legislative requirements. at gfl, we believe that by providing accessible, cost-effective environmental solutions we will encourage greater environmental responsibility and allow our customers and the communities we serve to be green for life.