GFL Environmental Inc. Obtains Exemptive Relief from Issuer Bid Requirements
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GFL Environmental Inc. has received exemptive relief from the Ontario Securities Commission, allowing it to repurchase subordinate voting shares from underwriters in Ontario during secondary offerings.
March 14, 2025 | 9:15 pm
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GFL Environmental Inc. received approval from the Ontario Securities Commission to repurchase shares during secondary offerings, potentially impacting its stock liquidity and price.
The exemptive relief allows GFL to repurchase shares, which could reduce the number of shares available in the market, potentially increasing the stock price due to reduced supply. This regulatory approval is significant for GFL's equity actions.
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