BCE reports results of Series S and T preferred share conversions

BCE Inc. has officially announced the outcome regarding the conversion process for its Series S and Series T preferred shares. The company issued a formal statement on October 19, 2026, to detail the specific numbers related to these financial instruments. This announcement provides clarity to investors regarding the transition of their holdings within the specified series.

The reported data indicates that 400 shares of the fixed-rate Cumulative Redeemable First Preferred Shares, Series T, have been tendered for conversion. These shares are scheduled to be converted on November 2, 2026. The exchange will take place on a one-for-one basis as outlined in the company's financial terms.

Upon the completion of the conversion, the shares will be transitioned into floating-rate Cumulative Redeemable First Preferred Shares, Series S. This adjustment reflects the ongoing management of the company’s preferred share portfolio. The process remains consistent with the established guidelines for share conversions at BCE Inc.

The total pool of Series T Preferred Shares involved in this broader financial structure amounted to 4,798,333 prior to these conversions. Investors and market analysts have been informed of these developments through the company's official public disclosure. The company continues to operate under its standard reporting protocols for institutional financial updates.