South Bow Corporation

DB:R8M Stock Report

Market Cap: €4.9b

South Bow Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:R8M Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
26 May 25Buy€194,419P. Van DafoeIndividual8,225€23.64
20 May 25Buy€22,191Blaine TroutIndividual1,005€22.08
20 May 25Sell€1,891Shannon RyhorchukIndividual83€22.78
19 May 25Buy€329,256Lori MurattaIndividual15,000€21.97
28 Mar 25Buy€32,175Jennifer GeggieIndividual1,335€24.10
18 Mar 25Buy€64,455P. Van DafoeIndividual2,700€23.87
14 Mar 25Buy€22,180P. Van DafoeIndividual950€23.35
11 Mar 25Buy€45,407Gary SalsmanIndividual1,976€22.98
07 Mar 25Buy€67,066Harold KvisleIndividual3,000€22.38
07 Mar 25Buy€95,604Richard PriorIndividual4,238€22.57
07 Mar 25Buy€22,898Blaine TroutIndividual1,037€22.08
07 Mar 25Buy€132,653Lori MurattaIndividual6,000€22.11
30 Dec 24Buy€130,970Richard PriorIndividual5,700€23.03
18 Dec 24Buy€13,224Blaine TroutIndividual595€22.22
17 Dec 24Buy€156,686Lori MurattaIndividual7,000€22.38
17 Dec 24Buy€55,721Lori MurattaIndividual2,500€22.29
16 Dec 24Buy€110,590Harold KvisleIndividual5,000€22.12
16 Dec 24Buy€133,789P. Van DafoeIndividual6,000€22.30
16 Dec 24Buy€57,715Richard PriorIndividual2,500€23.09
12 Dec 24Buy€33,666Blaine TroutIndividual1,466€22.96
12 Dec 24Buy€91,669Harold KvisleIndividual4,000€22.92
12 Dec 24Buy€80,328Harold KvisleIndividual3,500€22.95
11 Dec 24Buy€50,450Renate PooleIndividual2,200€22.93
11 Dec 24Buy€173,140Harold KvisleIndividual7,500€23.13
10 Dec 24Buy€57,703Richard PriorIndividual2,500€23.08
09 Dec 24Buy€26,966Richard PriorIndividual1,185€22.76
04 Dec 24Buy€16,843Blaine TroutIndividual715€23.56
02 Dec 24Buy€259,176Bevin WirzbaIndividual11,000€23.56
26 Nov 24Buy€85,764Richard PriorIndividual3,600€23.88

Insider Trading Volume

Insider Buying: R8M insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of R8M?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders283,0700.136%
General Public51,302,61124.6%
Institutions156,634,95075.2%

Dilution of Shares: R8M only recently listed within the past 12 months

Top Shareholders

Top 25 shareholders own 60.35% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.32%
FMR LLC
19,396,128€455.7m-0.77%0.03%
8.62%
Capital Research and Management Company
17,949,659€421.7m17%0.02%
6.06%
T. Rowe Price Group, Inc.
12,617,143€296.4m2.27%0.03%
4.28%
The Vanguard Group, Inc.
8,907,058€209.3m1.8%no data
2.74%
BMO Asset Management Corp.
5,708,946€134.1m6.72%0.06%
2.69%
Royal Bank of Canada, Banking & Securities Investments
5,608,157€131.8m-17.4%0.07%
2.53%
Murchinson Ltd.
5,274,000€123.9m0%24.89%
2.52%
RBC Global Asset Management Inc.
5,238,174€123.1m1.71%0.08%
2.49%
RBC Dominion Securities Inc., Asset Management Arm
5,194,336€122.0m-9.17%0.15%
2.05%
ClearBridge Investments Limited
4,260,765€100.1m4.63%1.89%
1.91%
Harvest Fund Advisors LLC
3,972,031€93.3m7.91%1.38%
1.64%
Goldman Sachs Group, Investment Banking and Securities Investments
3,422,812€80.4m163%0.04%
1.54%
Canadian Imperial Bank of Commerce, Asset Management Arm
3,214,773€75.5m59.5%0.18%
1.41%
Toronto-Dominion Bank, Banking Investments
2,928,093€68.8m-1.8%0.12%
1.33%
Mirae Asset Global Investments Co., Ltd.
2,765,548€65.0m17.6%0.05%
1.32%
TD Asset Management, Inc.
2,745,382€64.5m-1.07%0.05%
1.15%
Legal & General Investment Management Limited
2,387,252€56.1m2.64%0.01%
1.05%
The Bank of Nova Scotia, Banking Investments
2,191,996€51.5m197%0.13%
0.98%
Canada Pension Plan Investment Board
2,050,000€48.2m-23.8%0.04%
0.96%
Healthcare of Ontario Pension Plan
2,000,000€47.0m66,700,000%0.11%
0.88%
Merrill Lynch & Co. Inc., Banking Investments
1,828,627€43.0m-11.5%0.02%
0.83%
Scotiabank Global Banking and Markets, Asset Management Division
1,734,937€40.8m1.15%0.23%
0.77%
Invesco Ltd.
1,600,266€37.6m118%0.01%
0.66%
Manulife Asset Management
1,379,901€32.4m-5.65%0.03%
0.62%
Boston Partners Global Investors, Inc.
1,294,731€30.4m0%0.02%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 15:46
End of Day Share Price 2025/05/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

South Bow Corporation is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Benjamin PhamBMO Capital Markets Equity Research
Robert CatellierCIBC Capital Markets