BCE reports results of Series S and T preferred share conversions

BCE Inc. has officially reported the outcome of its recent conversion process regarding Series S and Series T preferred shares. The announcement, released on October 19, 2026, details the specific movement of these financial instruments. These shares are traded on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol BCE.

A total of 400 fixed-rate Cumulative Redeemable First Preferred Shares, known as Series T, were tendered for conversion. These shares are part of a larger total of 4,798,333 currently outstanding. The conversion process is set to take place on November 2, 2026.

The tender involves a one-for-one exchange ratio for the affected securities. Investors are transitioning these fixed-rate shares into floating-rate Cumulative Redeemable First Preferred Shares, designated as Series S. This adjustment reflects the current structural preferences of the company’s capital holdings.

The information regarding these conversions was issued directly from Montreal. BCE Inc. maintains its commitment to transparency regarding its preferred share activities. Further updates regarding the company's financial operations may be released as the conversion date approaches.