By Adriano Marchese
Waste Connections plans to launch a share repurchase program to buy back up to 5% of its issued and outstanding common shares over the course of a year.
The waste services company said on Friday that the Toronto Stock Exchange has approved its plan to buy back up to about 12.9 million shares for cancellation.
Shares have been slightly up so far in the year, rising about 4.8% since the beginning of the year to close on Thursday at 258.45 Canadian dollars ($188.01) a share.
At Thursday's closing price, the value of the shares intended for buyback would be worth about C$3.32 billion.
The company can begin buying back shares starting on Aug. 12.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
August 08, 2025 09:46 ET (13:46 GMT)
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