BCE updates Series AG and AH preferred shares
BCE Inc. reported the results of holder elections to convert between its Series AG and Series AH preferred shares.
Rhea-AI Filing Summary
BCE Inc. reported the results of holder elections to convert between its Series AG and Series AH preferred shares. On May 1, 2026, 121,070 of 8,032,285 fixed-rate Series AG shares will convert into floating-rate Series AH shares, while 1,464,469 of 4,175,513 Series AH shares will convert into Series AG.
After these conversions, BCE will have 9,375,684 Series AG preferred shares and 2,832,114 Series AH preferred shares outstanding. Series AG will pay a fixed annual dividend rate of 5.30% on a quarterly basis for five years from May 1, 2026, and Series AH will continue to pay a monthly floating dividend tied to the prime rate and a Designated Percentage. Both series will remain listed on the Toronto Stock Exchange under symbols BCE.PR.G and BCE.PR.H.
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Key Terms
Designated Percentage financial
prime rate financial
floating adjustable cash dividend financial
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