Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 122

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 122
---
 Stock Exchange, the New York Stock Exchange (NYSE) or any other marketplace in Canada or the US where the common shares may be traded.During the period from May 15, 2024 to July 31, 2024, 51,298,629 common shares were issued and sold under the ATM Program at average prices of CAD$48.72 and US$35.77 per common share for aggregate gross proceeds of $2.50 billion ($2.48 billion, net of aggregate commissions paid of $16.3 million and other issuance costs). On August 1, 2024, we terminated the ATM Program. Net proceeds from sales of common shares under the ATM Program were used to partially fund the Questar Acquisition and PSNC Acquisition and to pay related fees and expenses.On September 8, 2023, we closed a public offering of 102,913,500 common shares at a price of $44.70per share for gross proceeds of $4.6 billion which were also used to finance a portion of the aggregatecash consideration payable for the Acquisitions discussed in Note 8 - Acquisitions and Disposition.

161

PREFERENCE SHARES202420232022December 31,Number of SharesAmountNumber of SharesAmountNumber of SharesAmount(millions of Canadian dollars; number of shares in millions)Preference Shares, Series A5 125 5 125 5 125 Preference Shares, Series B20 500 20 500 20 500 Preference Shares, Series D18 450 18 450 18 450 Preference Shares, Series F18 454 18 454 20 500 Preference Shares, Series G12 46 2 46 — — Preference Shares, Series H12 291 12 291 14 350 Preference Shares, Series I22 59 2 59 — — Preference Shares, Series L16 411 16 411 16 411 Preference Shares, Series N18 450 18 450 18 450 Preference Shares, Series P16 400 16 400 16 400 Preference Shares, Series R16 400 16 400 16 400 Preference Shares, Series 116 411 16 411 16 411 Preference Shares, Series 322 562 24 600 24 600 Preference Shares, Series 432 38 —