BCE converts all Series AJ preferred shares into Series AI on Aug. 4
BCE•Preferred share conversion details
BCE will convert all floating-rate Series AJ preferred shares into fixed-rate Series AI on Aug. 4, 2026, on a one-for-one basis.
Holders tendered 1,976,448 Series AJ shares for conversion into Series AI, while 1,875 Series AI shares were tendered into Series AJ.
Automatic conversion will apply to the remaining Series AJ shares since the election would leave fewer than 2 million Series AJ outstanding.
Series AI will pay a fixed quarterly dividend for five years from Aug. 4, 2026, at an annual rate of 5.10%.
