Enbridge completes CDN$3.0 billion share offering of 44.7 million common shares
Enbridge Inc. sold 44,735,000 common shares on September 14, 2026, under an underwriting agreement dated September 10, 2026, raising approximately CDN$3.0 billion in gross proceeds before underwriting commissions and expenses. The offering included an over-allotment option for 5,835,000 additional shares, which the underwriters exercised in full, and it increases the number of shares outstanding for existing shareholders.
Key points
- Underwriters bought 38,900,000 common shares on a bought deal basis at CDN$66.85 per share
- Underwriters exercised in full their option to buy 5,835,000 additional shares to cover over-allotments
- Total shares issued on September 14, 2026: 44,735,000; gross proceeds approximately CDN$3.0 billion
- Offered under a shelf registration filed August 1, 2025, with a prospectus supplement dated September 10, 2026
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.