Dividends & Buybacks ·
BCE Inc. announced the conversion of its floating-rate Series AJ Preferred Shares into fixed-rate Series AI Preferred…
BCEFFBce Inc
BCE Inc. announced the conversion of its floating-rate Series AJ Preferred Shares into fixed-rate Series AI Preferred Shares on August 4, 2026. Following a tender process where 1,976,448 Series AJ shares were converted to Series AI and 1,875 Series AI shares were converted to Series AJ, the remaining Series AJ shares will automatically convert to Series AI because the outstanding balance would fall below 2,000,000. The resulting Series AI Preferred Shares will pay a quarterly fixed cash dividend based on an annual rate of 5.10% for a five-year period starting August 4, 2026. BCE is a Canadian communications company providing fiber, wireless, and digital media services.