v3.25.4
Share capital (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure Of Share Capital, Reserves And Other Equity Interest [Abstract]  
Summary of principal terms of preference shares and common shares
The following table provides a summary of the principal terms of BCE’s First Preferred Shares that were issued and outstanding as at December 31, 2025. There were no Second Preferred Shares issued and outstanding at December 31, 2025. BCE’s articles of amalgamation, as amended, describe the terms and conditions of these shares in detail.
Series Annual dividend rate Convertible into Conversion date Redemption date Redemption price Number of shares issued and outstanding Stated capital
December 31, 2025 December 31, 2024
Q floating Series R December 1, 2030 At any time $25.50 —  —  — 
R (1)
 4.733 % Series Q December 1, 2030 December 1, 2030 $25.00 6,913,600  173  190 
S  floating Series T November 1, 2026 At any time $25.50 1,875,977  47  50 
T (1)
 4.99 % Series S November 1, 2026 November 1, 2026 $25.00 5,041,533  126  129 
Y floating Series Z December 1, 2027 At any time $25.50 5,382,087  135  149 
Z (1)
 5.346 % Series Y December 1, 2027 December 1, 2027 $25.00 2,387,648  60  66 
AA (1)
 4.94 % Series AB September 1, 2027 September 1, 2027 $25.00 10,186,378  260  285 
AB  floating Series AA September 1, 2027 At any time $25.50 6,062,639  155  163 
AC (1)
 5.08 % Series AD March 1, 2028 March 1, 2028 $25.00 6,160,274  157  161 
AD  floating Series AC March 1, 2028 At any time $25.50 10,944,329  279  299 
AE  floating Series AF February 1, 2030 At any time $25.50 3,220,472  80  146 
AF (1)
 5.496 % Series AE February 1, 2030 February 1, 2030 $25.00 10,507,633  263  221 
AG (1)
 3.37 % Series AH May 1, 2026 May 1, 2026 $25.00 8,097,685  202  208 
AH  floating Series AG May 1, 2026 At any time $25.50 4,188,913  105  116 
AI (1)
 3.39 % Series AJ August 1, 2026 August 1, 2026 $25.00 8,738,340  218  224 
AJ  floating Series AI August 1, 2026 At any time $25.50 3,776,360  94  96 
AK (1)
 3.306 % Series AL December 31, 2026 December 31, 2026 $25.00 19,242,741  481  535 
AL (2)
 floating Series AK December 31, 2026 At any time 1,489,288  37  43 
AM (1)
 2.939 % Series AN March 31, 2026 March 31, 2026 $25.00 8,861,751  203  228 
AN (2)
 floating Series AM March 31, 2026 At any time 950,322  22  23 
AQ (1)
 6.538 % Series AR September 30, 2028 September 30, 2028 $25.00 7,727,909  191  201 
AR (3)
 floating Series AQ September 30, 2033 At any time —  —  — 
            3,288  3,533 
(1)BCE may redeem each of these series of First Preferred Shares on the applicable redemption date and every five years thereafter.
(2)BCE may redeem Series AL and AN First Preferred Shares at $25.00 per share on December 31, 2026 and March 31, 2026, respectively, and every five years thereafter (each, a Series conversion date). Alternatively, BCE may redeem Series AL or AN First Preferred Shares at $25.50 per share on any date which is not a Series conversion date for the applicable series of First Preferred Shares.
(3)If Series AR First Preferred Shares are issued on September 30, 2028, BCE may redeem such shares at $25.00 per share on September 30, 2033 and every five years thereafter (each, a Series conversion date). Alternatively, BCE may redeem Series AR Preferred Shares at $25.50 per share on any date which is not a Series conversion date for such series of First Preferred Shares.
The following table provides details about the outstanding common shares of BCE.
  2025 2024
  Number of shares Stated capital Number of shares Stated capital
Outstanding, January 1 912,283,103  20,860  912,274,545  20,859 
Shares issued under deferred share plan 715  —  8,558  1 
Shares issued under dividend reinvestment plan 20,241,999  633  —  — 
Outstanding, December 31 932,525,817  21,493  912,283,103  20,860