GFL Environmental (GFL.TO, GFL) has been added as a member of the U.S. large-cap Russell 1000 Index and the broad-market Russell 3000 Index, effective as at the opening of the U.S. equity markets on June 29, it said in a statement on Thursday.
The company said this addition is a "direct benefit" of its recent relocation of its executive headquarters to Florida.
"We plan to implement additional strategic initiatives to further expand our index inclusion eligibility, which we believe will result in even broader inclusion across additional major North American indices," said GFL CEO Patrick Dovigi.
U.S.-listed shares of the company were last seen up 0.4% at US$37.40 in pre-market trading.