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BCE Up 0.5% in US Premarket After Amending Shareholder Dividend Reinvestment Plan
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BCE Up 0.5% in US Premarket After Amending Shareholder Dividend Reinvestment Plan
Nov 19, 2024 12:30 PM

08:30 AM EST, 11/18/2024 (MT Newswires) -- BCE (BCE.TO, BCE) was at last look up 0.5% in New York premarket trade on Monday after saying it has amended its shareholder dividend reinvestment and stock purchase plan (DRP) to permit the issue of discounted new shares from the treasury.

Starting with the dividend payable on Jan. 15, and until further notice, common shares distributed under the DRP will be issued from the treasury at a discount of 2% to the average market price.

BCE was last seen up US$0.12, to US$26.94, in U.S. premarket trade.

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