15:46:58 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,724,354,289
Close 2018-11-01 C$ 41.53
Market Cap C$ 71,612,433,622
Recent Sedar Documents

Enbridge suspends DRIP, share purchase plan

2018-11-02 07:28 ET - News Release

Mr. Jonathan Gould reports

ENBRIDGE SUSPENDS DIVIDEND REINVESTMENT AND SHARE PURCHASE PLAN

Enbridge Inc. has determined to suspend, effective immediately, its dividend reinvestment and share purchase plan (DRIP) until further notice. As a result, shareholders only receive dividends in cash effective with the dividend currently scheduled to be paid on Dec. 1, 2018, to shareholders of record on Nov. 15, 2018. If Enbridge elects to reinstate the DRIP in the future, the shareholders that were enrolled in the DRIP at suspension and remained enrolled at reinstatement will automatically resume participation in the DRIP.

The company has elected to suspend the DRIP at this time given substantial progress on its financing and asset sales plan, which will allow it to meet any remaining equity requirement for the balance of its currently secured growth program.

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.

We seek Safe Harbor.

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