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BCE reports results of conversion of its series R preferred shares into series Q preferred shares
Prnewswire· 2025-11-18 12:00
Core Points - BCE Inc. announced that none of its Series R Preferred Shares will be converted into Series Q Preferred Shares on December 1, 2025 [1][2] - Only 6,025 out of 7,115,900 Series R Preferred Shares were tendered for conversion, resulting in no conversion due to the threshold of one million Series Q Preferred Shares not being met [2] - Shareholders who opted for conversion will receive share certificates for the Series R Preferred Shares they tendered by December 1, 2025 [2] - The Series R Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbol BCE.PR.R and will pay a fixed cash dividend of 4.733% annually for the five-year period starting December 1, 2025 [3] Company Overview - BCE is Canada's largest communications company, specializing in advanced fibre and wireless networks, enterprise services, and digital media [4] - The company focuses on delivering next-generation technology through cloud-based and AI-driven solutions to keep customers connected and informed [4]
Steve Weed joins the Board of Directors of BCE Inc.
Prnewswire· 2025-11-06 11:40
Core Insights - BCE has appointed Steve Weed, former Executive Chairman of Ziply Fiber, as a director of BCE Inc. and Bell Canada, which is expected to enhance the company's leadership in the telecommunications sector [1][3]. Group 1: Appointment Details - Steve Weed is currently the CEO of WaveDivision Capital, focusing on improving broadband access in the U.S. and Canada [2]. - He previously founded and served as CEO of Wave Broadband from 2002 to 2018, showcasing his extensive experience in the broadband industry [2]. - The appointment is seen as a strategic move to leverage Weed's expertise in driving growth at Bell, particularly in fiber Internet services [3]. Group 2: Company Overview - BCE is recognized as Canada's largest communications company, leading in advanced fiber and wireless networks, enterprise services, and digital media [3]. - The company aims to deliver next-generation technology through cloud-based and AI-driven solutions, enhancing connectivity and competitiveness for its customers [3].