GFL Environmental Announces Major Share Offering with RBC

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2025.11.24 22:24
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GFL Environmental Inc. announced a major share offering, selling 16,611,295 subordinate voting shares through RBC Capital Markets and RBC Dominion Securities. This strategic move aims to enhance market presence and shareholder value by increasing liquidity and capital for growth. Analysts rate the stock as a Buy with a C$58.00 target, despite concerns over high debt and negative profitability. GFL operates in waste management across Canada and the U.S., with a market cap of C$22.84B.