Enbridge Provides Notice of Series 15 Preferred Shares Conversion Right and Announces Reset Dividend Rates
- Enbridge Inc. announced it will not redeem its Cumulative Redeemable Preference Shares, Series 15 on September 1, 2025.
- Holders of Series 15 Shares may convert them into Series 16 Shares on a one-for-one basis starting September 1, 2025.
- The annual dividend rate for Series 15 Shares will be 5.626 percent for the period from September 1, 2025, to September 1, 2030.
- The conversion period for Series 15 Shareholders is from August 2, 2025, until 5:00 p.m. on August 18, 2025.
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Enbridge Provides Notice of Series 15 Preferred Shares Conversion Right and Announces Reset Dividend Rates
CALGARY, AB, Aug. 5, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 15 (Series…
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Total News Sources35
Leaning Left3Leaning Right5Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 18%
C 53%
R 29%
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