Waste Connections, Inc. announced that it has received approval from the Toronto Stock Exchange for the annual renewal of its normal course issuer bid (NCIB). This renewal allows the company to continue its program of repurchasing its common shares.
Under the renewed NCIB, Waste Connections proposes to purchase up to 12,855,691 common shares, which represents 5% of its 257,113,830 issued and outstanding common shares as of July 31, 2025. The authorization for these purchases extends from August 12, 2025, to August 11, 2026.
All common shares acquired through the NCIB will be cancelled, which can enhance shareholder value by reducing the number of outstanding shares. This renewal underscores Waste Connections' commitment to returning capital to shareholders and reflects management's confidence in the company's financial position.
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