Enbridge Inc. announced on September 14, 2026, the completion of a public offering of common shares. The company entered into an underwriting agreement on September 10, 2026, with a syndicate led by RBC Dominion Securities Inc. and CIBC World Market Inc. Under this agreement, the underwriters agreed to purchase 38,900,000 common shares at a price of CDN$66.85 per share.
The underwriters were granted an option to purchase up to 5,835,000 additional shares to cover over-allotments. This option was exercised in full. Consequently, the total number of shares issued was 44,735,000. The aggregate gross proceeds to Enbridge, including the exercise of the over-allotment option, were approximately CDN$3.0 billion.
The offering was conducted pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on August 1, 2025. A prospectus supplement dated September 10, 2026, was filed with the SEC on that date. The offering was also made in Canada under a short form base shelf prospectus filed on September 9, 2026.
