- Waste Connections ( NYSE: WCN ) on Friday announced the annual renewal of its normal course issuer bid .
- The renewal will follow once WCN's current NCIB expires Aug. 9.
- WCN proposes to purchase, from time to time over the next 12 months, up to ~12.9M shares, being 5% of its ~257.2M issued and outstanding shares as of Aug. 2.
- WCN is authorized to make purchases from Aug. 10 to Aug. 9, 2023.
- Under the existing NCIB, WCN purchased and cancelled 3.6M shares on the NYSE at a volume-weighted average share price of ~$125.70.
For further details see:
Waste Connections renews NCIB to buy back stock