Allied Waste Shareholders Approve Stock Increase

Date: January 23, 2003

Source: News Room

The shareholders of Allied Waste Industries Inc. (Scottsdale, AZ) have approved a proposal to increase the number of the company's authorized common stock shares from 300 million to 525 million. The company had announced in December that it had 12-million shares available for issuance at that time, and that the authorization of new shares would provide greater flexibility in the marketplace. Allied Waste has not announced any specific proposals for capital market transactions, however.

Sign up to receive our free Weekly News Bulletin