TSX:GFLCommercial Services
What GFL Environmental (TSX:GFL)'s Buyback Expansion and Cheaper Credit Facilities Mean For Shareholders
GFL Environmental recently received Toronto Stock Exchange approval to renew its normal course issuer bid, allowing it to repurchase for cancellation up to 27.40 million subordinate voting shares, while also securing Ontario Securities Commission relief to buy back stock from underwriters in certain secondary offerings.
At the same time, GFL amended its credit agreement to expand and extend key credit facilities, reduce borrowing costs, and add flexibility for future funding, reshaping its...