07:51 AM EDT, 03/26/2025 (MT Newswires) -- GFL Environmental ( GFL ) said Wednesday that the secondary offering of about 18.9 million of its shares by certain selling shareholders was priced at $47.65 per share.

The offering was increased by about 3.1 million shares, according to GFL. The selling shareholders are Ontario Teachers' Pension Plan Board, GFL Borrower II (Cayman), Poole Private Capital, and entities affiliated with HPS Investment Partners, the company added.

GFL said it agreed to purchase about 7.1 million shares under the secondary offering for cancellation.