Companies: 10,795·Total market cap: $144.5T
South Bow Corporation

South Bow Corporation

SOBO.TOTSXEnergy● Active
$50.84
$-0.53(-1.03%)
Market Cap$10.6B
P/E Ratio
52W High$53.03
52W Low$34.36

South Bow Corporation (SOBO.TO) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

SOBO.TO · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
208.2M +0.10% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 208.0M in FY 2024
Diluted Shares Outstanding
208.8M
incl. options, RSUs, convertibles
Dilution Spread
+0.29%
Diluted vs Basic
YoY Change
+0.10%
year-over-year
Float (Free Float)
208.2M
publicly tradable shares
99.8% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGR
5-Year CAGR
10-Year CAGR

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 208.8M
208.2M
+0.10%
FY 2024
Diluted Shares: 208.0M
208.0M
+0.19%
FY 2023
Diluted Shares: 207.6M
207.6M
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Energy sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Energy sector.

#SymbolCompanyShares (Basic)vs SOBO.TO
#1
Exxon Mobil CorporationXOM
Exxon Mobil Corporation
4.331B+>999%
#2
Shell plcSHEL
Shell plc
2.945B+>999%
#3
TotalEnergies SETTE
TotalEnergies SE
2.191B+952.5%
#4
Enbridge Inc.ENB
Enbridge Inc.
2.180B+947.1%
#5
Chevron CorporationCVX
Chevron Corporation
1.849B+788.1%
#6
ConocoPhillipsCOP
ConocoPhillips
1.252B+501.4%
#7
South Bow CorporationSOBO.TO
South Bow CorporationYOU
208.2M

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

South Bow Corporation (SOBO.TO) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, South Bow Corporation reports 208.2M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

South Bow Corporation's basic shares outstanding (208.2M) represents currently issued shares. Diluted shares outstanding (208.8M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.29%.

Shares Outstanding vs. Float (Free Float)

South Bow Corporation's float is 208.2M (99.8% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float208.2M(99.8%)
Outstanding208.6M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

South Bow Corporation (SOBO.TO) shares outstanding history from 2023 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

South Bow Corporation shares outstanding for the fiscal year ending December 31, 2025 were 208.2M, a 0.10% increase year-over-year. South Bow Corporation FY 2025 shares outstanding were 208.2M, a +0.10% increase from FY 2024.

South Bow Corporation is a leading company operating in the Energy sector. The company's share count trajectory — with a 10-year CAGR of — — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

SOBO.TO shares outstanding · 4 questions

As of December 31, 2025, South Bow Corporation (SOBO.TO) has approximately 208.2M basic shares outstanding and 208.8M diluted shares outstanding. This represents a +0.10% year-over-year increase from FY 2024 (208.0M). The increase may reflect equity compensation issuances or secondary offerings.

SOBO.TO shares outstandinghow many shares does SOBO.TO haveSOBO.TO basic shares 2025SOBO.TO diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · South Bow Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08