BCE announces preferred share conversions effective November 2
BCE•BCE will convert 676,765 Series S Preferred Shares into Series T shares and 400 Series T shares into Series S shares on November 2, 2026. Series T shares will pay quarterly dividends at a 5.52% annual fixed rate for five years, subject to declaration.
1. Share conversions
BCE will convert 676,765 Series S Preferred Shares into Series T Preferred Shares on November 2, 2026, on a one-for-one basis. Another 400 Series T shares will convert one-for-one into Series S shares. After the conversions, 5,474,698 Series T shares and 1,190,512 Series S shares will be outstanding.
2. Dividend terms
For five years beginning November 2, 2026, Series T shares will pay quarterly dividends at a 5.52% annual fixed rate. Series S shares will continue to pay monthly floating adjustable dividends over the same period. Dividends on both series remain subject to declaration.
