MONTRÉAL, Feb. 21, 2023 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 3,635,351 of its 9,999,991 fixed-rate Cumulative Redeemable First Preferred Shares, Series AC ("Series AC Preferred Shares") have been tendered for conversion on March 1, 2023, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series AD ("Series AD Preferred Shares"). In addition, 351,634 of its 9,864,509 Series AD Preferred Shares have been tendered for conversion on March 1, 2023, on a one-for-one basis, into Series AC Preferred Shares. Consequently, on March 1, 2023, BCE will have 6,716,274 Series AC Preferred Shares and 13,148,226 Series AD Preferred Shares issued and outstanding. The Series AC Preferred Shares and the Series AD Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.C and BCE.PR.D, respectively.
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