GFL Environmental slips from record after secondary offering unveil
ReutersMar 25, 2025 8:47 PM
U.S.-listed shares of Canada's GFL Environmental GFL.N down 2.7% to $47.30 in extended trading on secondary offering news
GFL shares on Tues ended up 1%, notching record high close of $48.62
After the bell, waste management firm announces ~15.7 mln shares to be offloaded by existing investors including Ontario Teachers' Pension Plan
RBC is the underwriter
GFL has ~393.38 mln shares outstanding, giving it market value of roughly $19 bln, LSEG data shows
Shares up ~9% YTD and up ~40% over the past 12 months
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