TC ENERGY CORP (TRP) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: February 14, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
1B
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

TRP currently has 1.04B 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
Feb 14, 2025

40-F filing | 1038.0M shares outstanding

1B 0
Feb 16, 2024

40-F filing | 1030.0M shares outstanding

1B 0
Feb 14, 2023

40-F filing | 996.0M shares outstanding

1B 0
Feb 15, 2022

40-F filing | 974.0M shares outstanding

970M 0
Feb 18, 2021

40-F filing | 940.0M shares outstanding

940M 0
Jan 15, 2021

F-10 filing: The Corporation may sell securities to or through underwriters or directly to purchasers. The terms of the offering, including price, proceeds, and fees, will be set forth in the Prospectus Supplement.

930M 0
Nov 27, 2020

F-10 filing: TC Energy Corporation may offer common shares, including at-the-market distributions, up to an aggregate sale price of $1,000,000,000 during the 25-month period that this short form base shelf prospectus remains valid.

930M 0
Feb 13, 2020

40-F filing | 929.0M shares outstanding

930M 0
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