What's Going On With BCE Shares Monday?
What's Going On With BCE Shares Monday?
BCE, Inc. (NYSE:BCE) stock is moving lower on Monday after the company's subsidiary, Bell Canada, entered into a definitive acquisition agreement to acquire Ziply Fiber. Also, BCE said it will pause dividend growth.
BCE, Inc.(紐交所:BCE)股票在週一下跌,因爲該公司子公司貝爾加拿大(Bell Canada)達成了一項明確的收購協議,收購Ziply Fiber。此外,BCE表示將暫停股息增長。
What To Know: Under the agreement, the company will acquire 100% equity in Ziply Fiber in exchange for about $3.65 billion. Bell is anticipated to use its net proceeds from its sale of ownership interest in Maple Leaf Sports & Entertainment to fund the acquisition.
要點:根據協議,公司將以約35億美元的價格從Ziply Fiber那裏收購100%的股權。預計貝爾將利用其從銷售對Maple Leaf Sports&Entertainment的持股獲得的淨收益來資助此次收購。
The closing of the sale of ownership interest in Maple Leaf Sports may occur after the closing of this acquisition. In that case, the company will utilize a loan facility to finance this deal. In addition, Bell will utilize funds from a discounted treasury dividend reinvestment plan (DRP) program.
控股權益出售到Maple Leaf Sports的交易完成可能在此次收購完成後進行。在這種情況下,公司將利用貸款機構來爲此交易提供資金。此外,貝爾將利用折扣庫藏股息再投資計劃(DRP)的資金。
The goal of the merger is to expand Bell's fiber network into the United States, adding around 1.3 million fiber locations. This acquisition will also strengthen Bell's position as the third-largest fiber Internet provider in North America, bringing its total to 9 million fiber locations, with plans to reach over 12 million by the end of 2028.
合併的目標是將貝爾的光纖網絡擴展到美國,增加約130萬個光纖位置。此次收購還將鞏固貝爾作爲北美第三大光纖互聯網提供商的地位,將其總數增至900萬個光纖位置,並計劃在2028年底前達到1200萬個。
Mirko Bibic, president & CEO, BCE and Bell Canada, said "This acquisition marks a bold milestone in Bell's history as we lean into our fibre expertise and expand our reach beyond our Canadian borders. Fibre is at the heart of what we do, and we're proud to connect people and businesses and enable them to do more through our fibre networks. By bringing together Bell and Ziply Fiber's exceptional talent, we'll accelerate our growth while continuing to deliver significant value for our customers and shareholders."
Mirko Bibic,BCE和貝爾加拿大總裁兼首席執行官,表示:「此次收購標誌着貝爾歷史上的一項重大里程碑,因爲我們依靠我們的光纖專業知識並將業務範圍擴展到加拿大以外。光纖是我們業務的核心,我們自豪地通過我們的光纖網絡連接人和企業,使他們能夠通過我們的光纖網絡做更多的事情。通過彙集貝爾和Ziply Fiber的卓越人才,我們將加快增長,同時繼續爲客戶和股東提供重大價值。」
Bell said that it intends to maintain its annual common share dividend at the current level of $3.99 per share through the end of 2025.
貝爾表示,打算將其年度普通股股息維持在每股3.99美元的當前水平,直至2025年底。
The company said, "In the context of the strategic acquisition of Ziply Fiber, BCE's focus is on long-term value creation for shareholders and BCE intends to pause dividend growth until BCE's dividend payout and net debt leverage ratios are tracking towards our target policy ranges, subject to review annually by the BCE Board of Directors."
公司表示:「在收購Ziply Fiber的戰略收購背景下,BCE專注於爲股東創造長期價值,並打算在BCE的股息支付和淨債務槓桿比率達到我們的目標政策範圍之前暫停派息增長,每年經由BCE董事會審查一次。」
BCE Price Action: At the time of writing, BCE stock is trading 9.16% lower at $29.16, according to data from Benzinga Pro.
BCE 價格走勢:截至撰寫本文時,BCE股票交易價格爲29.16美元,較Benzinga Pro的數據下跌9.16%。
Image: 962355 from Pixabay.
圖片:來自Pixabay的962355。
譯文內容由第三人軟體翻譯。