Waste Connections, Inc. Buyback
OLI recorded this information on 8/6/2021
Waste Connections, Inc.
Share Amount Authorized:
Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it has received approval from the Toronto Stock Exchange (the "TSX") for the annual renewal of its normal course issuer bid (the "NCIB"). The renewal will follow on the conclusion of the Company's current NCIB expiring August 9, 2021. Pursuant to the renewed NCIB, Waste Connections proposes to purchase through the facilities of the TSX, the New York Stock Exchange (the "NYSE") and/or alternative Canadian trading systems, from time to time over the next 12 months, if considered advisable, up to 13,025,895 common shares, being 5% of its 260,517,909 issued and outstanding common shares as of August 3, 2021.
Waste Connections is engaged as an an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, along with recycling and resource recovery, in mostly exclusive and secondary markets in the United States ("U.S.") and Canada. Co. also provides non-hazardous oilfield waste treatment, recovery and disposal services and exploration and production in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.
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Strong Buy (3.68 out of 4)