BCE implements changes in connection with its Shareholder Dividend Reinvestment Plan; Termination of discounted treasury issuances
BCE Inc. (TSX: BCE) (NYSE: BCE) has announced significant changes to its Shareholder Dividend Reinvestment and Stock Purchase Plan (DRP). Starting with the dividend payable on July 15, 2025, common shares distributed under the DRP will no longer be issued from treasury at a 2% discount. Instead, shares will be purchased on the secondary market by TSX Trust Company using cash provided by BCE.
The DRP will continue to offer eligible shareholders a convenient way to acquire additional common shares without commission or brokerage fees through dividend reinvestment or optional cash payments. Existing participants will remain enrolled unless they terminate their participation. For the July 15 dividend, termination requests must be received by June 9, 2025, 4:00 p.m. Eastern time.
BCE Inc. (TSX: BCE) (NYSE: BCE) ha annunciato importanti modifiche al suo Piano di Riacquisto Dividendi e Acquisto Azioni per gli Azionisti (DRP). A partire dal dividendo pagabile il 15 luglio 2025, le azioni ordinarie distribuite tramite il DRP non saranno più emesse dal tesoro con uno sconto del 2%. Invece, le azioni saranno acquistate sul mercato secondario dalla TSX Trust Company utilizzando i fondi forniti da BCE.
Il DRP continuerà a offrire agli azionisti idonei un modo comodo per acquisire azioni ordinarie aggiuntive senza commissioni o spese di intermediazione, tramite il reinvestimento dei dividendi o pagamenti in contanti opzionali. I partecipanti attuali rimarranno iscritti a meno che non decidano di terminare la loro partecipazione. Per il dividendo del 15 luglio, le richieste di cessazione devono essere ricevute entro le 16:00 ora orientale del 9 giugno 2025.
BCE Inc. (TSX: BCE) (NYSE: BCE) ha anunciado cambios importantes en su Plan de Recompra de Dividendos y Compra de Acciones para Accionistas (DRP). A partir del dividendo pagadero el 15 de julio de 2025, las acciones comunes distribuidas bajo el DRP ya no se emitirán desde el tesoro con un descuento del 2%. En cambio, las acciones serán compradas en el mercado secundario por TSX Trust Company utilizando efectivo proporcionado por BCE.
El DRP seguirá ofreciendo a los accionistas elegibles una forma conveniente de adquirir acciones comunes adicionales sin comisiones ni honorarios de corretaje mediante la reinversión de dividendos o pagos en efectivo opcionales. Los participantes actuales permanecerán inscritos a menos que cancelen su participación. Para el dividendo del 15 de julio, las solicitudes de cancelación deben recibirse antes de las 4:00 p.m. hora del Este del 9 de junio de 2025.
BCE Inc. (TSX: BCE) (NYSE: BCE)는 주주 배당금 재투자 및 주식 구매 계획(DRP)에 중대한 변경 사항을 발표했습니다. 2025년 7월 15일 지급되는 배당금부터 DRP를 통해 배포되는 보통주는 더 이상 2% 할인된 가격으로 자사주에서 발행되지 않습니다. 대신, TSX Trust Company가 BCE가 제공하는 현금을 사용하여 2차 시장에서 주식을 구매할 것입니다.
DRP는 계속해서 적격 주주들에게 배당금 재투자 또는 선택적 현금 지급을 통해 수수료나 중개 수수료 없이 추가 보통주를 편리하게 취득할 수 있는 방법을 제공합니다. 기존 참가자는 참여를 종료하지 않는 한 계속 등록 상태를 유지합니다. 7월 15일 배당금에 대한 종료 요청은 2025년 6월 9일 동부 시간 오후 4시까지 접수되어야 합니다.
BCE Inc. (TSX : BCE) (NYSE : BCE) a annoncé des changements importants à son Plan de Réinvestissement des Dividendes et d’Achat d’Actions (DRP). À compter du dividende payable le 15 juillet 2025, les actions ordinaires distribuées dans le cadre du DRP ne seront plus émises à partir du capital propre avec une remise de 2 %. À la place, les actions seront achetées sur le marché secondaire par TSX Trust Company avec des fonds fournis par BCE.
Le DRP continuera d’offrir aux actionnaires admissibles un moyen pratique d’acquérir des actions ordinaires supplémentaires sans frais de commission ni de courtage via le réinvestissement des dividendes ou des paiements en espèces optionnels. Les participants actuels resteront inscrits sauf s’ils décident de mettre fin à leur participation. Pour le dividende du 15 juillet, les demandes de résiliation doivent être reçues avant 16h00, heure de l’Est, le 9 juin 2025.
BCE Inc. (TSX: BCE) (NYSE: BCE) hat bedeutende Änderungen an seinem Dividenden-Reinvestitions- und Aktienkaufplan (DRP) für Aktionäre angekündigt. Ab der Dividende, die am 15. Juli 2025 zahlbar ist, werden Stammaktien, die im Rahmen des DRP verteilt werden, nicht mehr aus dem Bestand mit einem 2%igen Rabatt ausgegeben. Stattdessen werden die Aktien von der TSX Trust Company mit Mitteln von BCE am Sekundärmarkt gekauft.
Der DRP bietet berechtigten Aktionären weiterhin eine bequeme Möglichkeit, zusätzliche Stammaktien ohne Kommissions- oder Maklergebühren über Dividendenreinvestitionen oder optionale Barzahlungen zu erwerben. Bestehende Teilnehmer bleiben angemeldet, sofern sie ihre Teilnahme nicht kündigen. Für die Dividende am 15. Juli müssen Kündigungsanträge bis spätestens 9. Juni 2025, 16:00 Uhr Eastern Time eingegangen sein.
- None.
- Removal of 2% discount on share purchases through the DRP
- Potentially reduced incentive for shareholder participation in the program
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Concerning Forward-Looking Statements" later in this news release.
The DRP continues to offer a convenient means for eligible holders of BCE common shares to acquire additional common shares without charge for any commission or brokerage fees by reinvesting the cash dividends on their respective holdings of common shares or by making optional cash payments in the form of cash or dividends on BCE preferred shares.
Existing participants in the DRP will continue to be enrolled into the DRP for the dividend payable to holders of common shares on July 15, 2025 unless they terminate their participation under the DRP. In order to terminate their participation in the DRP or withdraw common shares, requests for termination or withdrawal of shares from registered holders of common shares must be received by the Agent before 4:00 p.m. Eastern time on June 9, 2025. Beneficial owners of BCE common shares (shareholders who hold their shares through a financial institution, broker or other intermediary) should consult with the intermediary well in advance of that date to determine how to participate in the DRP or withdraw shares or terminate their participation under the DRP.
Participation in the DRP is optional. Eligible shareholders who have not elected to participate in the DRP will continue to receive their regular cash dividends in the usual manner. A copy of the DRP is available on the Investor page on BCE's website at www.bce.ca, on SEDAR+ at www.sedarplus.ca, and on the website of the Agent at www.tsxtrust.com/bce/drip.
Notice to United States Investors
A copy of the prospectus relating to the DRP is available on the
The common shares of BCE offered under the DRP outside the United States will not be registered under the United States Securities Act of 1933.
About BCE
BCE is
Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace initiatives throughout the country. To learn more, please visit Bell.ca/LetsTalk.
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1 Based on total revenue and total combined customer connections. |
Media inquiries:
Ellen Murphy
media@bell.ca
Investor inquiries:
Richard Bengian
richard.bengian@bell.ca
Caution Concerning Forward-Looking Statements
Certain statements made in this news release are forward-looking statements, including statements relating to the method of distribution of common shares under the DRP, the benefits of participating in the DRP, the termination of the discount for treasury issuances under the DRP, and other statements that are not historical facts. All such forward-looking statements are made pursuant to the "safe harbour" provisions of applicable Canadian securities laws and of
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SOURCE Bell Canada (MTL)
FAQ
What changes did BCE announce to its Dividend Reinvestment Plan (DRP)?
When will BCE's new DRP changes take effect?
How can BCE shareholders terminate their participation in the DRP?
Will BCE shareholders still save on commission fees under the modified DRP?
Is participation in BCE's Dividend Reinvestment Plan mandatory?
