Welcome to our dedicated page for BCE news (Ticker: BCE), a resource for investors and traders seeking the latest updates and insights on BCE stock.
BCE Inc. (BCE) news covers developments at what the company describes as Canada’s largest communications provider, with activities spanning advanced fibre and wireless networks, enterprise services and digital media. News items often highlight how BCE, through the Bell brand, is executing on its strategic priorities and updating investors on financial performance.
Investors and followers of BCE stock can expect regular coverage of quarterly and annual results, including metrics such as operating revenues, adjusted EBITDA, net earnings and free cash flow, as reported in company news releases and related Form 6-K filings. These updates are frequently accompanied by commentary from BCE’s leadership on business trends, capital investment and cost efficiency initiatives.
BCE news also features strategic actions such as the acquisition of Ziply Fiber, described as the leading fibre Internet provider in the Pacific Northwest of the United States, and the formation of Network FiberCo with PSP Investments to support U.S. fibre expansion. Additional coverage includes announcements about Bell’s fibre and wireless network expansion, partnerships to demonstrate technologies like satellite direct-to-cell connectivity, and initiatives to extend 5G and 5G+ coverage.
On the enterprise and media side, BCE publishes news about AI-powered enterprise solutions under brands such as Bell AI Fabric, Bell Cyber and Ateko, as well as partnerships with AI companies and technology providers. Bell Media announcements include streaming bundles, sports broadcasting rights, digital advertising collaborations and content initiatives involving platforms like Crave. For investors tracking BCE, this news stream provides insight into how the company is pursuing its multi-year strategic plan and managing its communications, enterprise and media businesses.
BCE Inc. filed its 2022 annual report on Form 40-F with the U.S. SEC on March 3, 2023. The report includes audited financial statements for the fiscal year ending December 31, 2022. Investors can access the full report on BCE's website or the SEC's site. Additionally, BCE offers printed copies of the financial statements free of charge to security holders. BCE is Canada’s largest communications company, providing a variety of services including broadband wireless, TV, and internet. For further information, contact BCE Investor Relations.
BCE Inc. (TSX: BCE) announced the conversion results of its preferred shares effective March 1, 2023. A total of 3,635,351 of its Series AC Preferred Shares will convert to Series AD Preferred Shares, while 351,634 Series AD shares will revert back to Series AC. Post-conversion, BCE will have 6,716,274 Series AC and 13,148,226 Series AD shares outstanding. The Series AC shares will pay a fixed cash dividend of 5.08% quarterly, while Series AD shares will maintain a floating dividend linked to the prime rate. Both share classes will remain listed on the Toronto Stock Exchange.
Bell Canada announced a public offering in Canada for Cdn $1.5 billion in MTN Debentures under its medium-term notes program. This includes Cdn $1.05 billion in Series M-58, maturing in
BCE has announced a 5.2% annual dividend increase, raising the dividend to $3.87 per share. This decision reflects the company's commitment to providing value to shareholders and indicates a robust financial position despite challenging market conditions. BCE's continuous growth strategy and operational efficiency are pivotal in supporting this increase.
BCE Inc. (TSX: BCE) (NYSE: BCE) will announce its fourth-quarter 2022 results and 2023 guidance on February 2, 2023, at 7:00 am Eastern Time. The call will feature CEO Mirko Bibic and CFO Glen LeBlanc, with media invited to listen only. Interested participants can dial 1-800-806-5484 or 416-340-2217, entering passcode 1475438#. A replay is available until March 2, 2023. A live audio webcast will be accessible via BCE's website.
BCE is Canada's largest communications company, offering comprehensive broadband, Internet, and media services.
Crave, a subsidiary of Bell Media, has secured a long-term Pay-One licensing agreement with Sony Pictures Entertainment, positioning itself as the exclusive Canadian streaming home for new SPE films after their theatrical release. Starting April 2023, subscribers will have access to a variety of films, including Spider-Man and Jumanji franchises, alongside new releases from other major series. This deal enhances Crave's content library and strengthens its competitive edge in the Canadian streaming market.
BCE Inc. (TSX: BCE) has announced the results of conversions for its fixed-rate Cumulative Redeemable First Preferred Shares, Series Z, and floating-rate Cumulative Redeemable First Preferred Shares, Series Y. On December 1, 2022, 137,274 Series Z shares will convert to Series Y shares, and 1,196,313 Series Y shares will convert back to Series Z shares. Post-conversion, there will be 2,977,548 Series Z and 7,020,252 Series Y shares outstanding. The Series Z shares will continue to offer a fixed dividend of 5.346%, while the Series Y will feature an adjustable floating dividend.
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Bell Canada has announced a public offering of Cdn $1.0 billion in MTN Debentures, Series M-57, with a fixed interest rate of 5.85%. The debentures will be dated November 10, 2022, and mature on November 10, 2032. Issued at Cdn $99.768 per $100 principal amount, they have a yield to maturity of 5.881%. The proceeds will be used for short-term debt repayment and general corporate purposes. The offering is anticipated to close on November 10, 2022, subject to customary conditions.
BCE Inc. (BCE) has announced the renewal of its normal course issuer bid (NCIB) for purchasing up to 10% of the public float of its outstanding First Preferred Shares listed on the Toronto Stock Exchange. This NCIB will run from November 9, 2022, to November 8, 2023, unless completed earlier. BCE aims this buyback strategy to take advantage of potential undervaluation of its shares. As of November 2, 2022, BCE had not repurchased any shares under the previous bid that expires on November 8, 2022. BCE may employ an automatic securities purchase plan (ASPP) for these acquisitions.