SECURE Waste Infrastructure to Exit S&P/TSX Composite Index

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2▲1 ▼0Impact / 5
Summary · why it matters

S&P Dow Jones Indices announced that SECURE Waste Infrastructure will be removed from the S&P/TSX Composite Index before the open on September 4, 2026, following its combination with GFL Environmental. Under the deal, each SECURE share will be exchanged for C$4.95 in cash and 0.3356 of a GFL subordinate voting share. GFL's shares outstanding will increase to 422,532,512, while its investable weight factor will rise to 0.78 to reflect the transaction. If the company is suspended before removal, its closing price will be derived from GFL's closing price and the transaction consideration.

Impact on assets 1

Climate Adaptation & Water▲ · 1 stocks
Gfl Environmental Holdings Inc
GFL
▲ PositiveCapitalrelevance

GFL acquires SECURE via share-and-cash deal, increasing its shares outstanding and index weight as it absorbs SECURE's business.

Off-coverage companies 1

Secure Waste Infrastructure Corp.Private± Mixed
Capitalrelevance

SECURE is being removed from the S&P/TSX Composite Index following its combination with GFL Environmental, with each share exchanged for C$4.95 cash plus 0.3356 GFL shares.

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