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BCE reports results of conversion of its series R preferred shares into series Q preferred shares
Prnewswireยท 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]