Gfl Environmental Inc Stock Price, News & Analysis

GFL Environmental (NYSE:GFL) has announced its quarterly dividend payment for Q2 2025. The company's Board of Directors has declared a cash dividend of US$0.0154 per share for both subordinate voting shares and multiple voting shares. The dividend will be paid on July 31, 2025 to shareholders of record as of July 14, 2025. The company has designated this as an eligible dividend under the Income Tax Act (Canada).

GFL Environmental Inc. (NYSE: GFL) has announced it will release its Q2 2025 financial results after market close on Wednesday, July 30, 2025. The company will host an investor conference call the following day, Thursday, July 31, 2025, at 8:30 am Eastern Time.

Investors can access the call through a live audio webcast on GFL's Investors page or dial in toll-free using dedicated numbers for Canada (1-833-950-0062) and the United States (1-833-470-1428) with access code 117324. Pre-registration is available for participants who wish to dial in.

GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) held its annual general meeting of shareholders virtually on May 14, 2025. Shareholders approved all items of business, including the election of eight director nominees. Notable voting results include strong support for Patrick Dovigi (94.42% votes FOR), Violet Konkle (98.87% FOR), and Ven Poole (98.88% FOR). Other directors, including Paolo Notarnicola, Dino Chiesa, and Arun Nayar, received between 77-80% favorable votes.

GFL Environmental, headquartered in Vaughan, Ontario, stands as North America's fourth-largest diversified environmental services company, employing approximately 15,000 people across Canada and 18 U.S. states.

GFL Environmental reported strong Q1 2025 results, with revenue reaching $1,560.1 million, marking a 12.5% increase excluding divestitures. The company achieved its lowest-ever Net Leverage of 3.1x and highest Q1 Adjusted EBITDA margin of 27.3%, representing a 120 basis point increase year-over-year.

Key highlights include:

• Adjusted EBITDA grew 13.8% to $426.1 million
• Core pricing increased by 5.7%
• Positive volume growth of 0.9%
• Year-to-date acquisitions generating approximately $85.0 million in annualized revenue

The company completed the sale of its Environmental Services business, using proceeds to reduce debt. GFL also repurchased 31,725,083 subordinate voting shares through various methods. Despite challenging weather conditions and macroeconomic volatility, management remains confident in achieving full-year guidance.

GFL Environmental (NYSE: GFL) (TSX: GFL) has received approval from the Toronto Stock Exchange to resume its normal course issuer bid (NCIB) share repurchase program. The company can repurchase up to 28,046,256 subordinate voting shares during the 12-month period ending March 2, 2026.

The company has already repurchased 7,618,758 shares for cancellation, leaving 20,427,498 shares available for future repurchases. Notably, the 17,050,298 shares repurchased from BC Partners on March 25, 2025, and any shares purchased in secondary offerings under the Ontario Securities Commission's exemptive relief order won't count toward the NCIB limit.

Future purchases will be conducted through the TSX, NYSE, and alternative Canadian and U.S. trading systems, subject to market conditions.

GFL Environmental (NYSE: GFL) (TSX: GFL) has announced a 10% increase in its regular quarterly cash dividend. The dividend will increase from US$0.014 to US$0.0154 per share. The enhanced dividend will be paid on April 30, 2025 to shareholders of record as of April 14, 2025. The company has designated this dividend as an eligible dividend under the Income Tax Act (Canada).

GFL Environmental (NYSE: GFL) (TSX: GFL) has scheduled its 2025 first quarter financial results release for Wednesday, April 30, 2025, after market close. The company will host an investor conference call on Thursday, May 1, 2025, at 8:30 am Eastern Time.

Investors can access the conference call through multiple channels: via audio webcast on the company's investor page (investors.gflenv.com), toll-free dial-in numbers for Canada (1-833-950-0062) and the United States (1-833-470-1428) with access code 388082, or through pre-registration using the provided link.

GFL Environmental (NYSE: GFL) (TSX: GFL) has announced the completion of a secondary offering involving multiple transactions. The company acquired 7,056,027 subordinate voting shares through a Secondary Offering Transaction, following exemptive relief from the Ontario Securities Commission allowing purchases of up to 38,157,045 shares until March 13, 2026.

Additionally, GFL purchased 17,050,298 subordinate voting shares from BC Partners funds on March 25, 2025, and 7,618,758 shares under its normal course issuer bid (NCIB). In total, GFL has purchased and cancelled 31,725,083 subordinate voting shares. While the company has exhausted its NCIB capacity, it maintains the ability to purchase up to 14,050,720 additional shares under the Ontario Securities Commission Order.

GFL Environmental has announced a significant share buyback initiative, purchasing 17,050,298 subordinate voting shares directly from BC Partners at US$46.92 per share, representing a 3.5% discount to the NYSE closing price on March 25, 2025. Additionally, GFL plans to repurchase up to 7,056,027 subordinate voting shares from RBC Dominion Securities in a secondary offering.

The transactions are part of GFL's strategy to utilize approximately $2.25 billion from the sale of its Environmental Services business for share repurchases. Following the direct buyback, BC Partners will hold approximately 20.5% of outstanding subordinate voting shares, representing 14.8% of total voting power.

The company received exemptive relief from the Ontario Securities Commission allowing it to repurchase up to 50% of subordinate voting shares from underwriters in secondary offerings over 12 months, with a maximum limit of 38,157,045 shares.