18:19:03 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,638,941,543
Close 2017-08-17 C$ 49.61
Market Cap C$ 81,307,889,948
Recent Sedar Documents

Enbridge not to convert Series L preferred shares

2017-08-17 19:02 ET - News Release

Ms. Suzanne Wilton reports

ENBRIDGE ANNOUNCES CONVERSION RESULTS FOR SERIES L PREFERRED SHARES

After having taken into account all conversion notices received from holders of its outstanding cumulative redeemable preference shares, Series L, by the Aug. 17, 2017, deadline for the conversion of the Series L shares into cumulative redeemable preference shares, Series M, of Enbridge Inc., less than the one million Series L shares required to give effect to conversions into Series M shares were tendered for conversion. As a result, none of Enbridge's outstanding Series L shares will be converted into Series M shares on Sept. 1, 2017.

About Enbridge Inc.

Enbridge is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities, and renewable power generation. The company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express pipeline, the majority of which accounts for approximately 65 per cent of United States-bound Canadian crude oil exports, and moves approximately 20 per cent of all natural gas consumed in the United States, serving key supply basins and demand markets. The company's regulated utilities serve approximately 3.5 million retail customers in Ontario, Quebec, New Brunswick and New York State.

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