The Toronto Stock Exchange reports that BCE Inc.'s cumulative redeemable first preferred shares, Series AN (symbol BCE.PR.N), will be halted at the open and delisted at the close on March 31, 2026. According to the TSX, all issued and
outstanding Series AN preferred shares will be converted, on a one-for-one basis, into cumulative redeemable first preferred shares,
Series AM, of the company
(symbol BCE.PR.M) on March 31, 2026, following the conversion
period, which commenced on March 2, 2026, and ended at 5 p.m.
Montreal time (5 p.m. Toronto time) on March 16, 2026.
In accordance with the rights, privileges, restrictions and conditions
attaching to the Series AN preferred shares and the Series AM
preferred shares, since there will be fewer than one million Series AN
preferred shares outstanding on March 31, 2026, after having taken
into account the Series AN preferred shares tendered for conversion
into Series AM preferred shares and the Series AM preferred shares
tendered for conversion into Series AN preferred shares during the
conversion period, all Series AN preferred shares will be automatically
converted into Series AM preferred shares on March 31, 2026, and the
symbol BCE.PR.N will be delisted.
As the Series AM preferred shares and Series AN preferred shares
are held through the book-entry-only system of CDS, and no individual
certificates are issued, holders of Series AM preferred shares and
Series AN preferred shares need not take any action with respect to
the conversion.
For more information, see the company's news release dated March 16, 2026.
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