US Edition
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, allowing conversion to Series 16 Shares.
- The new annual dividend rate for Series 15 Shares from September 1, 2025, is set at 5.626 percent, based on the Government of Canada bond yield.
- Holders of Series 15 Shares can convert to Series 16 Shares on a one-for-one basis on September 1, 2025.
- The conversion period for beneficial holders of Series 15 Shares runs from August 2, 2025, to August 18, 2025, requiring timely communication with brokers.
Insights by Ground AI
Does this summary seem wrong?
35 Articles
35 Articles
LoudounTimes.com+34 Reposted by 34 other sources
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…
Coverage Details
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%
Factuality
To view factuality data please Upgrade to Premium
