Business
BCE implements changes in connection with its Shareholder Dividend Reinvestment Plan; Termination of discounted treasury issuances
BCE implements changes in connection with its Shareholder Dividend Reinvestment Plan; Termination...
About this update from Bce Inc.
[{"type":"text","content":"\n\n\n\n BCE implements changes in connection with its Shareholder Dividend Reinvestment Plan; Termination of discounted treasury issuances\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled \"Caution Concerning Forward-Looking Statements\" later in this news release.\n \n\n\n\n MONTRÉAL\n \n ,\n \n\n May 8, 2025\n \n\n /CNW/ - BCE Inc. (TSX: BCE) (NYSE: BCE) announced today that the board of directors of BCE has approved certain modifications to BCE's Shareholder Dividend Reinvestment and Stock Purchase Plan (the \"\n \n DRP\n \n \") whereby common shares distributed under the DRP will no longer be issued from treasury at a 2% discount to the average market price and will instead be purchased by BCE's agent, TSX Trust Company (the \"\n \n Agent\n \n \"), on the secondary market with cash provided by BCE. The modifications will be effective commencing with the dividend payable on\n \n July 15, 2025\n \n to eligible holders of common shares as of the\n \n June 16, 2025\n \n record date, and subsequently until further notice.\n \n\n\n\n\n\n\n\n\n The DRP continues to offer a convenient means for eligible holders of BCE common shares to acquire additional common shares without charge for any commission or brokerage fees by reinvesting the cash dividends on their respective holdings of common shares or by making optional cash payments in the form of cash or dividends on BCE preferred shares.\n \n\n Existing participants in the DRP will continue to be enrolled into the DRP for the dividend payable to holders of common shares on\n \n July 15, 2025\n \n unless they terminate their partici...