MONTRÉAL, Feb. 24,
2022 /PRNewswire/ - BCE Inc. (BCE or the Corporation)
announced today that it intends to redeem all of its outstanding
Cumulative Redeemable First Preferred Shares, Series AO (the
"Series AO Preferred Shares") on March 31, 2022 at a
redemption price of $25.00 per Series
AO Preferred Share, less any taxes required to be deducted and
withheld by the Corporation.
On February 2, 2022, the board of directors of the
Corporation declared a quarterly dividend of $0.26625 per Series AO Preferred Share. This will
be the final dividend on the Series AO Preferred Shares and will be
paid in the usual manner on March 31,
2022 to shareholders of record as of February 28, 2022. After March 31, 2022, the Series AO Preferred Shares
will cease to be entitled to dividends and the only remaining
rights of holders of such shares will be to receive payment of the
redemption amount.
A notice of the redemption of the Series AO Preferred Shares
will be provided in accordance with the rights, privileges and
conditions attached to the Series AO Preferred Shares. Beneficial
holders of Series AO Preferred Shares should contact the financial
institution, broker or other intermediary through which they hold
these shares to confirm how they will receive their redemption
proceeds.
About BCE
BCE is Canada's largest communications company, providing
advanced Bell broadband wireless, Internet, TV, media and business
communications services. To learn more, please visit
Bell.ca or BCE.ca.
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 with a commitment to the
highest environmental, social and governance (ESG)
standards. 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
leadership initiatives throughout the country. To learn more,
please visit Bell.ca/LetsTalk.
Media inquiries:
Marie-Eve
Francoeur
514-391-5263
marie-eve.francoeur@bell.ca
@Bell_News
Investor inquiries:
Richard
Bengian
514-786-8219
richard.bengian@bell.ca
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SOURCE Bell Canada