Gfl Environmental Inc Stock Price, News & Analysis

GFL Environmental Inc. (NYSE: GFL) announced the appointment of Sandra Levy to its Board of Directors, effective April 28, 2023. This brings the board total to 10 members, with 9 being independent directors. Ms. Levy has over 25 years of experience in human resources and legal roles, currently serving as the Chief People & Culture Officer at the Canadian Olympic Committee. Previously, she held senior HR roles at RioCan Management Inc. and First Capital Asset Management. The company’s founder and CEO, Patrick Dovigi, expressed optimism about Ms. Levy's diverse background and its impact on GFL's commitment to diversity and innovation.

GFL, based in Vaughan, Ontario, is a leading environmental services firm in North America, employing over 19,500 individuals and offering a range of waste management services across Canada and the U.S.

GFL Environmental Inc. (NYSE: GFL) announced a 10% increase in its regular quarterly cash dividend, raising it from US$0.012 to US$0.013 per share. This dividend will be paid on April 28, 2023, to shareholders recorded at the close of business on April 17, 2023. The Company has designated this as an eligible dividend under the Income Tax Act of Canada. GFL, headquartered in Vaughan, Ontario, ranks as the fourth largest diversified environmental services company in North America, employing over 19,500 staff. The Board of Directors retains discretion over future dividend payments, reflecting ongoing confidence in the Company's financial health and commitment to returning value to shareholders.

GFL Environmental Inc. (NYSE: GFL) announced its 2023 Q1 financial results will be released after market close on April 27, 2023. An investor conference call is scheduled for April 28, 2023, at 8:30 AM ET. The company, based in Vaughan, Ontario, is the fourth largest environmental services provider in North America, offering solid and liquid waste management along with soil remediation services. GFL operates in Canada and over half of U.S. states, employing more than 19,500 individuals.

On March 16, 2023, GFL Environmental (NYSE: GFL) announced the completion of its obligations under the 6.00% Tangible Equity Units (TEUs) issued on March 5, 2020. The purchase contracts for the outstanding TEUs converted into subordinate voting shares at the minimum settlement rate of 2.1940 on March 15, 2023. This resulted in an increase of 25,665,433 shares, bringing the total number of basic shares outstanding to 369,108,314. GFL has also fulfilled the final payment on the senior amortizing note associated with the TEUs. This information reflects GFL's ongoing commitment to improving its capital structure and shareholder equity.