BCE Inc. announced conversions of Series AG and AH Preferred Shares resulting in 9,375,684 Series AG and 2,832,114 Series AH shares outstanding effective May 1, 2026.
Key takeaways
121,070 of 8,032,285 Series AG Preferred Shares tendered for conversion into Series AH on May 1, 2026.
1,464,469 of 4,175,513 Series AH Preferred Shares tendered for conversion into Series AG on May 1, 2026.
Post-conversion: 9,375,684 Series AG and 2,832,114 Series AH shares issued and outstanding.
Series AG pays quarterly fixed dividend at 5.30% annual rate for five years from May 1, 2026.
Series AH pays monthly floating dividend based on prime rate plus adjustment factor.
Both series listed on TSX as BCE.PR.G and BCE.PR.H.