NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Connor, Clark & Lunn Investment Management Ltd.'s Holding History (CIK: 0001596800)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 36,937 Value ($000) $10,664 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 5,166 Value ($000) $1,552 Avg Close $276.03 Range $252.95 - $299.47

Q1 2025

Shares 848 Value ($000) $201 Avg Close $239.35 Range $222.00 - $264.36

Q1 2024

Shares 24,069 Value ($000) $6,134 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 128,977 Value ($000) $30,488 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 122,320 Value ($000) $24,088 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 51,594 Value ($000) $11,699 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 68,945 Value ($000) $14,616 Avg Close $216.72 Range $184.28 - $242.90

Q3 2022

Shares 105,539 Value ($000) $22,126 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 111,318 Value ($000) $25,301 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 82,658 Value ($000) $23,576 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 36,217 Value ($000) $10,782 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 38,647 Value ($000) $9,246 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 59,129 Value ($000) $15,693 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 35,027 Value ($000) $9,405 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 36,435 Value ($000) $8,657 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 11,789 Value ($000) $2,523 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 119,290 Value ($000) $20,944 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 189,850 Value ($000) $27,718 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 182,050 Value ($000) $35,341 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 193,350 Value ($000) $34,737 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 147,925 Value ($000) $29,486 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 187,275 Value ($000) $35,000 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 165,550 Value ($000) $24,756 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 82,325 Value ($000) $14,860 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 60,900 Value ($000) $9,188 Avg Close $125.28 Range $109.19 - $136.18

Q3 2015

Shares 9,211 Value ($000) $704 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 21,611 Value ($000) $1,888 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 36,411 Value ($000) $3,747 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 44,411 Value ($000) $4,868 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 20,211 Value ($000) $2,256 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 23,011 Value ($000) $2,525 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 23,011 Value ($000) $2,468 Avg Close $71.41 Range $66.84 - $75.69

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	36,937	$10,664	$288.62	$277.08 - $300.79
Q3 2025	5,166	$1,552	$276.03	$252.95 - $299.47
Q1 2025	848	$201	$239.35	$222.00 - $264.36
Q1 2024	24,069	$6,134	$237.76	$214.83 - $253.85
Q4 2023	128,977	$30,488	$200.12	$174.02 - $227.48
Q3 2023	122,320	$24,088	$205.00	$184.44 - $225.83
Q2 2023	51,594	$11,699	$200.25	$185.68 - $215.05
Q1 2023	68,945	$14,616	$216.72	$184.28 - $242.90
Q3 2022	105,539	$22,126	$222.85	$194.58 - $245.30
Q2 2022	111,318	$25,301	$226.47	$202.60 - $262.57
Q1 2022	82,658	$23,576	$252.93	$227.90 - $273.69
Q4 2021	36,217	$10,782	$255.22	$218.02 - $273.89
Q3 2021	38,647	$9,246	$233.46	$217.60 - $249.27
Q2 2021	59,129	$15,693	$250.29	$237.13 - $267.99
Q1 2021	35,027	$9,405	$228.85	$207.42 - $247.83
Q4 2020	36,435	$8,657	$204.73	$176.03 - $223.49
Q3 2020	11,789	$2,523	$179.92	$151.06 - $201.91
Q2 2020	119,290	$20,944	$150.98	$121.35 - $179.10
Q1 2020	189,850	$27,718	$163.63	$100.01 - $194.41
Q4 2019	182,050	$35,341	$165.56	$146.52 - $174.77
Q3 2019	193,350	$34,737	$161.51	$148.22 - $182.44
Q2 2019	147,925	$29,486	$173.34	$164.54 - $184.28
Q1 2019	187,275	$35,000	$150.47	$124.50 - $164.26
Q4 2018	165,550	$24,756	$142.35	$120.21 - $160.07
Q3 2018	82,325	$14,860	$147.16	$128.72 - $161.27
Q2 2018	60,900	$9,188	$125.28	$109.19 - $136.18
Q3 2015	9,211	$704	$65.12	$57.94 - $70.74
Q2 2015	21,611	$1,888	$77.43	$69.21 - $84.64
Q1 2015	36,411	$3,747	$84.19	$78.29 - $88.38
Q4 2014	44,411	$4,868	$85.81	$79.24 - $92.28
Q3 2014	20,211	$2,256	$82.62	$77.74 - $88.50
Q2 2014	23,011	$2,525	$76.02	$70.92 - $81.20
Q1 2014	23,011	$2,468	$71.41	$66.84 - $75.69