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v3.25.4

Share capital - Summary of Outstanding Common Shares (Details) - Common shares - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024
Number of shares |  |
Stated capital beginning of period | $ 20,860 |
Stated capital end of period | $ 21,493 | $ 20,860
Issued capital |  |
Number of shares |  |
Number of shares beginning of period (in shares) | 912,283,103 | 912,274,545
Shares issued for deferred plan (in shares) | 715 | 8,558
Shares issued under dividend reinvestment plan (in shares) | 20,241,999 | 0
Number of shares end of period (in shares) | 932,525,817 | 912,283,103
Stated capital beginning of period | $ 20,860 | $ 20,859
Shares issued under deferred share plan | 0 | 1
Shares issued under dividend reinvestment plan | 633 | 0
Stated capital end of period | $ 21,493 | $ 20,860

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