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› BCE reports results of conversion of its series AM preferred shares into series AN preferred shares
BCE reports results of conversion of its series AM preferred shares into series AN preferred shares
2016-03-17 23:56:13| Wireless - Topix.net
Consequently, BCE will issue 1,953,385 new Series AN Preferred Shares on The remaining Series AM Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbol BCE.PR.M. The Series AM Preferred Shares will pay on a quarterly basis, for the five-year period beginning on , as and when declared by the Board of Directors of BCE, a fixed quarterly cash dividend based on an annual dividend rate of 2.764%. , as and when declared by the Board of Directors of BCE, a quarterly floating cash dividend based on the T-Bill Rate for such quarterly period plus 2.09%, calculated in accordance with the articles of BCE.
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