U.S. COMPANY FILING
CANADIAN NATIONAL RAILWAY CO — Form 40-F filed 2026-02-04
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Canadian National Railway Company filed its 2025 annual report on Form 40-F, disclosing 614,433,951 common shares outstanding as of December 31, 2025. The report covers business developments, capital programs, dividend increases, regulatory updates, and risk factors. Capital spending was approximately $3.7 billion in 2025. Quarterly dividend increased to $0.8875 per share for 2025 and to $0.9150 for 2026. The company completed the acquisition of Iowa Northern Railway and issued several debt securities. Internal controls were effective with no material changes.
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