Waste Connections Announces Renewal of Share Repurchase Program
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The latest announcement is out from Waste Connections ( (TSE:WCN) ).
On August 7, 2026, Waste Connections announced Toronto Stock Exchange approval to renew its normal course issuer bid for share repurchases following the expiry of its current program on August 11, 2026. The renewed bid will allow the company to buy up to 12,578,462 common shares, or 5% of its outstanding stock, over the 12-month period beginning August 12, 2026, through the TSX, NYSE, NYSE Texas and alternative Canadian trading systems.
Daily repurchases on the TSX will generally be capped at 95,113 shares, with similar volume-based limits on U.S. exchanges, though block purchases may exceed these thresholds. Management said decisions on buybacks will depend on market conditions, share price and acquisition opportunities, and that all repurchased shares will be cancelled, reinforcing its capital-return strategy after acquiring 6,103,527 shares under the 2025 program as of August 6, 2026.
The most recent analyst rating on (TSE:WCN) stock is a Hold
with a C$176.00 price target.
To see the full list of analyst forecasts on Waste Connections stock,
see the TSE:WCN Stock Forecast page.
Spark’s Take on WCN Stock
According to Spark, TipRanks’ AI Analyst, WCN is a Outperform.
The score is driven primarily by solid underlying financial performance (healthy margins and strong cash generation) and a constructive earnings update with raised 2026 revenue/EBITDA guidance and improving operational execution. Offsetting this are elevated leverage trends, a premium valuation (high P/E with a low yield), and only moderate technical setup with some near-term softness versus the 20-day average.
To see Spark’s full report on WCN stock,
click here.
More about Waste Connections
Waste Connections, Inc. is an integrated solid waste services provider offering non-hazardous waste collection, transfer and disposal, including by rail, as well as recycling and renewable fuels generation. The company serves around nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 U.S. states and six Canadian provinces, and also operates in nonhazardous oilfield waste and intermodal services.
Waste Connections emphasizes sustainability as central to its long-term value creation, focusing on reducing emissions, increasing resource recovery of recyclable commodities and clean energy fuels, limiting off-site landfill leachate disposal, improving safety and enhancing employee engagement across its operations.
Average Trading Volume: 405,902
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$59.19B
Find detailed analytics on WCN stock on TipRanks’ Stock Analysis page.
