South Bow Corp (SOBO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: June 20, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
210M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

SOBO currently has 208M outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jun 20, 2025

F-10 filing: This filing describes the issuance and sale of U.S.$450,000,000 aggregate principal amount of 7.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 and U.S.$650,000,000 aggregate principal amount of 7.500% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 on August 28, 2024.

210M 0
Jun 20, 2025

F-10 filing: South Bow Corporation may offer and sell common shares, first preferred shares, second preferred shares, and subscription receipts in an aggregate initial offering price of up to U.S.$3,000,000,000 during the 25 month period that this short form base shelf prospectus remains valid.

210M 0
Jun 20, 2025

F-10 filing: This F-10 filing describes the offering of senior notes with varying interest rates and maturity dates, fully and unconditionally guaranteed on a senior unsecured basis by the Guarantors.

210M 0
Mar 06, 2025

40-F filing | 208.0M shares outstanding

210M 0
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