BCE Shareholders Approve a Two-for-One Stock Split.MONTREAL--(BUSINESS WIRE)--April 30, 1997--BCE (ME;TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ;VSE See DOS/VSE. VSE - Virtual Storage Extended ;NYSE NYSE See: New York Stock Exchange : BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. ) BCE Inc. today announced that at its annual and special meeting, its common shareholders approved a subdivision of the Corporation's common shares on a two-for-one basis. Articles of amendment will be filed later today. It is expected that the common shares, which are listed on the Montreal, Toronto, Vancouver, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , London and Swiss Exchanges, will commence trading on a post-split basis on Monday, May 12, 1997. On May 22, 1997, the Corporation's transfer agent, Montreal Trust Company, will mail to each registered holder of common shares at the close of business on May 14, 1997, a certificate representing one additional share for every share held at such time. Presently outstanding share certificates should be retained by the holders and should not be sent to BCE or to Montreal Trust. Based on the number of BCE common shares currently outstanding, the subdivision will increase the number of shares outstanding from 317,968,067 to approximately 636 million shares. BCE is Canada's largest telecommunications company See telecom company. . The BCE group includes: Bell Canada, the principal supplier of communications services in Ontario and Quebec; Nortel (Northern Telecom), a global leader in the design and building of telecommunications networks; Bell Canada International, with investments in the US, the UK, Asia and Latin America; BCE Mobile, a provider of wireless services in Ontario and Quebec under the Bell Mobility banner; and Tele-Direct, a Yellow PagesTM directory publisher operating in Canada and internationally. BCE's shares are traded in Canada, the United States and in Europe. CONTACT: BCE Inc. Pierre Desmarteau, 514/ 397-7278 bcecomms@bce.ca www.bce.ca |
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