Articles from Waste Management, Inc.
WM Announces Further Extension of Private Exchange Offer and Consent Solicitation for any and all of Stericycle, Inc.'s $500 million Outstanding 3.875% Senior Notes Due 2029
Waste Management, Inc., a Delaware corporation (NYSEWM) (“WM”), announced today that it has further extended the expiration date of its previously announced offer to exchange (the “Exchange Offer”) any and all of the $500 million aggregate principal amount outstanding of the 3.875% Senior Notes due 2029 (the “Stericycle Notes”) issued by Stericycle, Inc., a Delaware corporation (“Stericycle”), held by eligible holders, for a series of new notes to be issued by WM (the “WM Notes”) and related solicitation of consents on behalf of Stericycle (the “Consent Solicitation”) to adopt certain proposed amendments (the “Proposed Amendments”) to the indenture governing the Stericycle Notes (the “Stericycle Indenture”).
By Waste Management, Inc. · Via Business Wire · October 31, 2024
WM Announces Pricing of $5.2 Billion Senior Notes
Waste Management, Inc. (NYSEWM) (“WM” or the “Company”) today announced that it has priced a public offering of $5,200,000,000 aggregate principal amount of senior notes under an effective shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”), as follows:
By Waste Management, Inc. · Via Business Wire · October 30, 2024
WM Announces Extension of Private Exchange Offer and Consent Solicitation for any and all of Stericycle, Inc.’s $500 million Outstanding 3.875% Senior Notes Due 2029
Waste Management, Inc., a Delaware corporation (NYSEWM) (“WM”), announced today that it has extended the expiration date of its previously announced offer to exchange (the “Exchange Offer”) any and all of the $500 million aggregate principal amount outstanding of the 3.875% Senior Notes due 2029 (the “Stericycle Notes”) issued by Stericycle, Inc., a Delaware corporation (“Stericycle”), held by eligible holders, for a series of new notes to be issued by WM (the “WM Notes”) and related solicitation of consents on behalf of Stericycle (the “Consent Solicitation”) to adopt certain proposed amendments (the “Proposed Amendments”) to the indenture governing the Stericycle Notes (the “Stericycle Indenture”).
By Waste Management, Inc. · Via Business Wire · October 8, 2024
WM Announces Successful Early Tender Results in Private Exchange Offer and Consent Solicitation for any and all of Stericycle, Inc.’s $500 million Outstanding 3.875% Senior Notes Due 2029
Waste Management, Inc., a Delaware corporation (NYSEWM) (“WM”), announced today that it has received, on behalf of Stericycle, Inc., a Delaware corporation (“SRCL”), the requisite consents to amend the 3.875% Senior Notes due 2029 (the “SRCL Notes”) issued by SRCL and the indenture governing the SRCL Notes (the “SRCL Indenture”) to eliminate substantially all of the restrictive covenants and events of default, other than payment-related, guarantee-related and bankruptcy-related events of default (collectively, the “Proposed Amendments”), based on the early tender results in connection with WM’s previously announced (i) private offer to exchange (the “Exchange Offer”) any and all of the $500 million aggregate principal amount outstanding of SRCL Notes held by eligible holders for a series of new notes to be issued by WM (the “WM Notes”), and (ii) WM’s related solicitation of consents, on behalf of SRCL (the “Consent Solicitation”), to adopt the Proposed Amendments, pursuant to the terms and subject to the conditions set forth in an exchange offer memorandum and consent solicitation statement, dated September 10, 2024 (the “Offering Memorandum”).
By Waste Management, Inc. · Via Business Wire · September 24, 2024
WM Announces Pricing of $1.5 Billion Senior Notes
Waste Management, Inc. (NYSEWM) (“WM” or the “Company”) today announced that it has priced a public offering of $1,500,000,000 aggregate principal amount of senior notes under an effective shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”), as follows:
By Waste Management, Inc. · Via Business Wire · June 24, 2024
WM Announces Pricing of $2 Billion Senior Notes
Waste Management, Inc. (NYSEWM) (“WM” or the “Company”) today announced that it has priced a public offering of $2,000,000,000 aggregate principal amount of senior notes under an effective shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”), as follows:
By Waste Management, Inc. · Via Business Wire · July 27, 2023
WM Announces Pricing of $1.25 Billion Senior Notes
Waste Management, Inc. (NYSEWM) (“WM” or the “Company”) today announced that it has priced a public offering of $1,250,000,000 aggregate principal amount of senior notes under an effective shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”), as follows:
By Waste Management, Inc. · Via Business Wire · February 8, 2023
WM Announces Fourth Quarter and Full-Year 2022 Earnings
Waste Management, Inc. (NYSEWM) today announced financial results for the quarter and year ended December 31, 2022.
By Waste Management, Inc. · Via Business Wire · January 31, 2023
WM Announces Cash Dividend
WM (NYSEWM) today announced the declaration of a quarterly cash dividend of $0.65 per share payable June 17, 2022 to stockholders of record on June 3, 2022.
By Waste Management, Inc. · Via Business Wire · May 9, 2022
WM Announces First Quarter Earnings
WM (NYSEWM) today announced financial results for the quarter ended March 31, 2022.
By Waste Management, Inc. · Via Business Wire · April 26, 2022
WM Announces Fourth Quarter and Full-Year 2021 Earnings
Waste Management, Inc. (NYSEWM) today announced financial results for the quarter and year ended December 31, 2021.
By Waste Management, Inc. · Via Business Wire · February 2, 2022
WM Sets Date for Fourth Quarter and Full-Year Earnings Release Conference Call
Waste Management, Inc. (NYSEWM) announced that it will release fourth quarter and full-year 2021 financial results before the opening of the market on Wednesday, Feb. 2, 2022. Following the release, WM will host its investor conference call at 10 a.m. ET.
By Waste Management, Inc. · Via Business Wire · January 5, 2022
WM Announces Plan for Double-Digit Increase in its Dividend Rate and Authorization for up to $1.5 Billion in Share Repurchases
Waste Management, Inc. (NYSEWM) today announced that its Board of Directors has approved a 13% increase in the planned quarterly dividend rate for 2022, from $0.575 to $0.65 per share. On an annual basis, the dividend rate increases from $2.30 to $2.60. This will mark the nineteenth consecutive year that the Company has increased its per share dividend.
By Waste Management, Inc. · Via Business Wire · December 9, 2021
WM Announces Cash Dividend
Waste Management, Inc. (NYSEWM) today announced the declaration of a quarterly cash dividend of $0.575 per share payable Dec. 17, 2021 to stockholders of record on Dec. 3, 2021.
By Waste Management, Inc. · Via Business Wire · November 16, 2021
WM Announces Third Quarter Earnings
Waste Management, Inc. (NYSEWM) today announced financial results for the quarter ended September 30, 2021.
By Waste Management, Inc. · Via Business Wire · October 26, 2021
WM Highlights Investments in Its People, Recycling and Renewable Natural Gas in 2021 Sustainability Report
Waste Management (NYSEWM) today announced the release of the WM 2021 Sustainability Report, where the company noted progress against its 2025 and 2038 sustainability goals around people, customers, environment and community, including key investments made through early 2021 to further the company’s sustainability agenda. The company’s goals align to eight of the United Nations Sustainable Development Goals (SDGs) where WM can have the greatest impact.
By Waste Management, Inc. · Via Business Wire · October 13, 2021
WM Sets Date for Third Quarter Earnings Release Conference Call
Waste Management, Inc. (NYSEWM) announced that it will release third quarter 2021 financial results before the opening of the market on Tuesday, Oct. 26, 2021. Following the release, WM will host its investor conference call at 10 a.m. ET.
By Waste Management, Inc. · Via Business Wire · September 23, 2021
WM Announces Cash Dividend
Waste Management, Inc. (NYSEWM) today announced the declaration of a quarterly cash dividend of $0.575 per share payable Sept. 17, 2021 to stockholders of record on Sept. 3, 2021.
By Waste Management, Inc. · Via Business Wire · August 16, 2021
WM Announces Second Quarter Earnings
Waste Management, Inc. (NYSEWM) today announced financial results for the quarter ended June 30, 2021.
By Waste Management, Inc. · Via Business Wire · July 27, 2021
Waste Management Sets Date for Second Quarter Earnings Release Conference Call
Waste Management, Inc. (NYSEWM) announced that it will release second quarter 2021 financial results before the opening of the market on Tuesday, July 27, 2021. Following the release, Waste Management will host its investor conference call at 10 a.m. ET.
By Waste Management, Inc. · Via Business Wire · June 25, 2021
Waste Management Announces First-of-its-Kind ‘Your Tomorrow’ Program Providing No-Cost Education to Employees, with Planned Extension to Dependents Later This Year, to Upskill Workforce and Advance Position in Competitive Job Market
Waste Management, Inc. (NYSEWM) is holding Career Day events across North America on May 21-22 aimed at hiring essential frontline driver and technician positions. The company is rolling out a range of new employee benefits from flexible work schedules, sign-on bonuses and a new education and upskilling benefit program, Your Tomorrow, in collaboration with Guild Education. Your Tomorrow is a first-of-its-kind program that provides WM employees, as well as their eligible dependents, the opportunity to choose from a full range of education options, including earning a college degree, at no cost to the employee.
By Waste Management, Inc. · Via Business Wire · May 13, 2021
Waste Management Announces Pricing of Cash Tender Offer for certain of its Senior Notes
Waste Management, Inc. (NYSEWM) (“Waste Management”) announced today, together with its wholly owned subsidiary, Waste Management Holdings, Inc. (“WMH” and, together with Waste Management, the “Offerors”), the consideration payable in connection with its previously announced offers to purchase for cash (collectively, the “Offer”) $1,289,540,000 aggregate principal amount of the senior notes listed in the table below (collectively, the “Notes”).
By Waste Management, Inc. · Via Business Wire · May 12, 2021
Waste Management Announces Early Tender Results and Increase in Maximum Principal Amount of Cash Tender Offer for certain of its Senior Notes
Waste Management, Inc. (NYSEWM) (“Waste Management”) announced today, together with its wholly owned subsidiary, Waste Management Holdings, Inc. (“WMH” and, together with Waste Management, the “Offerors”), the early tender results for their previously announced offers to purchase for cash (collectively, the “Offer”) up to $950,000,000 aggregate principal amount of the senior notes listed in the table below (collectively, the “Notes”). The table below sets forth the aggregate principal amount of each series of Notes that were validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on May 11, 2021 (the “Early Tender Time”) and the principal amount that, subject to the satisfaction of the conditions to the Offer, are expected to be accepted for purchase on or about May 13, 2021 (the “Early Settlement Date”). Additionally, the Offerors announced today that they have amended the Offer by increasing the maximum aggregate principal amount from $950,000,000 to $1,289,540,000 (as amended, the “Maximum Principal Amount”). All other terms of the previously announced Offer remain unchanged.
By Waste Management, Inc. · Via Business Wire · May 12, 2021
Waste Management Announces Cash Dividend
Waste Management, Inc. (NYSEWM) today announced the declaration of a quarterly cash dividend of $0.575 per share payable June 18, 2021 to stockholders of record on June 4, 2021.
By Waste Management, Inc. · Via Business Wire · May 11, 2021
Waste Management Announces Cash Tender Offer for up to $950 million of certain of its Senior Notes
Waste Management, Inc. (NYSEWM) (“Waste Management”) announced today that it, together with its wholly owned subsidiary, Waste Management Holdings, Inc. (“WMH” and, together with Waste Management, the “Offerors”), has commenced offers to purchase for cash (collectively, the “Offer”) up to $950 million aggregate principal amount of the senior notes listed in the table below (collectively, the “Notes”).
By Waste Management, Inc. · Via Business Wire · April 28, 2021