Enbridge - Where energy meets people
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Stock Split Q & A

We have compiled a list of questions and answers about the 2-for-1 stock split of Enbridge common shares that was approved by shareholders on May 11, 2011. If you have a question that hasn't been answered here or require more information about the split, please contact Investor Relations.

When will ENB shares commence trading on the Toronto Stock Exchange (TSX) on a split basis?

Enbridge common shares will commence trading on the TSX on a split basis at the opening of business on Friday, May 20, 2011, which is the second trading day preceding the record date.


When will ENB shares commence trading on the New York Stock Exchange (NYSE) on a split basis?

Enbridge common shares will trade on the New York Stock Exchange on a divided basis at the opening of business on Wednesday, June 1, 2011, after the May 31, 2011 delivery of share certificates to registered holders of Enbridge common shares.

What is the record date to qualify for the split?

The record date is May 25, 2011.  Holders of record on May 25, 2011, will receive one additional common share for each common share they hold.

How will the stock split affect the number of outstanding shares?

The split will double the number of shares outstanding from approximately 387 million shares to approximately 774 million shares.

How will the stock split affect payment of dividends?

As the record date (May 13, 2011) for the June 1, 2011 dividend precedes the record date (May 25, 2011) for the stock split, the dividend will be payable on a pre-split basis ($0.49) Cdn.

Will future dividends be affected?

Yes, future dividends will be reflected on a post-split basis (assuming $0.49 Cdn cent dividend, subsequent dividends would be one-half or approx. $0.25 Cdn. cents each, although shareholders will have twice the amount of shares).

What is the process for Beneficial (non-registered) Shareholders?

Non-registered owners of Enbridge Common Shares do not need to take action as appropriate account adjustments will be processed by their investment dealer or broker.


What is the process for registered Shareholders?

Registered owners of record on May 25 will receive certificates for the additional shares to which they are entitled as a result of the split. Certificates representing shares held prior to the split continue to be valid and should be retained by registered owners. Additional certificates will be mailed beginning May 31, 2011. The combination of the old stock certificates and the new stock certificates will represent each shareholder’s total post-split shareholdings.



How will Fractional Shares be handled?
It is recommended beneficial shareholders check with their respective brokers regarding the handling of ENB fractional shares. For registered shareholders with CIBC Mellon, the transfer agent, fractional shares will be doubled and will be reflected in account adjustments.
What do I do if I have lost my share certificate?

You will still receive a new share certificate reflecting the stock split, even if you have lost your old certificate.  If your shares are held in a brokerage account, you will not have or receive a share certificate.  Should you wish to request a replacement certificate, please contact CIBC Mellon at www.cibcmellon.com/investorinquiry.


Why is Enbridge splitting the shares?

Management believes the split will keep the trading range of ENB shares better aligned with Enbridge peers in the energy infrastructure business.  It would also make Enbridge stock more accessible to retail shareholders and should enhance liquidity for our investors.

What kind of tax consequences will the stock split have?

The stock dividend should have no unfavorable tax consequences in Canada or the United States, and will not dilute shareholders’ equity.

I participate in the Dividend Reinvestment Plan (DRIP). What will happen with those shares?

Accounts will automatically be updated. No action is required on the part of the shareholder. An updated balance will be reflected on the next statement.

When was the last stock split and at what price?

The last stock split occurred in May, 2005, and was a 2:1 split.  Enbridge Inc. share price was $64.02 prior to that split.


Enbridge Companies


Enbridge Gas Distribution

Canada's largest gas distribution company. Serving 1.9 million customers in Ontario, Quebec and New York State.

Enbridge Gas New Brunswick

Enbridge Gas New Brunswick

Distributing natural gas to institutional, commercial, industrial and residential customers across nine New Brunswick communities.

ENB company image

Enbridge Inc.

Enbridge Inc. (ENB) is a publicly-traded corporation on the New York and Toronto stock exchanges.

Enbridge U.S.

Enbridge's U.S. operations - a leader in energy transportation in the Midwest, Mid-Continent and Gulf Coast regions of the United States.

Enbridge Energy Partners

A U.S. master limited partnership with oil and gas delivery assets.

Enbridge Income Fund Holdings

Enbridge Income Fund Holdings

Enbridge Income Fund Holdings Inc. (EIFH) is a publicly-traded Canadian Corporation that invests in low-risk energy infrastructure assets.

Enbridge Technology

Provides pipeline and natural gas distribution consulting and training services internationally.

Midcoast Energy Partners

Midcoast Energy Partners

Midcoast Energy Partners (MEP) serves as EEP’s primary vehicle for owning and growing its natural gas and natural gas liquids (NGL) midstream business in the U.S.


Emergency Contacts

Pipeline Emergencies


Enbridge Pipelines Inc. (incl. Norman Wells Pipeline)
Enbridge Pipelines (Saskatchewan) Inc.
Enbridge Pipelines (Athabasca) Inc.

Natural Gas Emergencies in Ontario

Enbridge Gas Distribution Customers


Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, New York, Ohio, Eastern Oklahoma, Wisconsin, Pembina County, North Dakota:
1 (800) 858-5253

North Dakota, Eastern Montana, Polk County, Minnesota:
1 (888) 838-4545

Texas, Western Oklahoma, Mississippi, Arkansas:
1 (888) 650-8099

Louisiana, Gulf of Mexico:
1 (877) 548-1800

Western Montana (electric transmission line):
1 (888) 780-8831