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Stock impact report

BCE reports results of Series AK and AL preferred share conversions

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
Company Research Source: PR Newswire
MONTRÉAL, Dec. 17, 2021 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 501,717 of its 22,735,621 fixed-rate Cumulative Redeemable First Preferred Shares, Series AK ("Series AK Preferred Shares") have been tendered for conversion on December 31, 2021, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series AL ("Series AL Preferred Shares"). In addition, 956,408 of its 2,254,079 Series AL Preferred Shares have been tendered for conversion on December 31, 2021, on a one-for-one basis, into Series AK Preferred Shares. Consequently, on December 31, 2021, BCE will have 23,190,312 Series AK Preferred Shares and 1,799,388 Series AL Preferred Shares issued and outstanding. The Series AK Preferred Shares and the Series AL Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.AK and BCE.PR.AL, respectively.The Series AK Preferred Shares will pay on a quarterly basis, for the five-year period Show less Read more
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