North American Waste Management CEO Executes $7.61 Million Stock Buyback

On May 12 (U.S. time), Waste Connections, Inc. (NYSE: WCN) CEO Ronald J. Mittelstaedt purchased 50,000 shares of the company’s common stock on the open market at an average price of $152.24 per share, investing a total of $7.61 million (approximately KRW 10 billion). As a result, his direct holdings rose to 301,017 shares, marking a significant additional stake at current price levels.

In its first-quarter 2026 results announced on April 22, the company reported revenue of $2.371 billion (about KRW 3.1 trillion) and net income of $219.3 million (around KRW 300 billion), outperforming market expectations, and reaffirmed its full-year guidance. Despite these strong results, the stock has trended downward, recently hitting a 52-week low in the $154 range.

Waste Connections is an integrated waste services provider in North America, offering collection, transfer, disposal and recycling services for nonhazardous waste across the United States and Canada. Listed on the New York Stock Exchange as a major industrial stock, it has a market capitalization of approximately $39 billion (roughly KRW 50 trillion).