04:21 PM EST, 03/05/2024 (MT Newswires) -- GFL Environmental ( GFL ) on Tuesday said it closed the secondary offering of shares put on the market by some fund shareholders.

The waste-management company said the shareholders, which included the Ontario Teachers' Pension Plan Board and Poole Private Capital, sold an underwriting syndicate 21-million shares.

The company received no monies from the secondary offering.

GFL shares closed down C$0.42 to C$47.43 on the Toronto Stock Exchange.