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Share capital (Tables) | 12 Months Ended
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Dec. 31, 2017
Disclosure Of Share Capital, Reserves And Other Equity Interest [Abstract] |
Summary of principal terms of preference shares | The following table provides a summary of the principal terms of BCE’s First Preferred Shares as at December 31, 2017. There were no Second Preferred Shares issued and outstanding at December 31, 2017. BCE’s articles of amalgamation, as amended, describe the terms and conditions of these shares in detail.
| ANNUAL DIVIDEND RATE |  |  |  |  |  |  | NUMBER OF SHARES | STATED CAPITAL
SERIES | CONVERTIBLE INTO | CONVERSION DATE | REDEMPTION DATE | REDEMPTION PRICE | AUTHORIZED |  | ISSUED AND OUTSTANDING |  | DEC. 31, 2017 |  | DEC. 31, 2016 |
Q | floating |  | Series R | December 1, 2025 |  | $25.50 | 8,000,000 |  | — |  | — |  | — |
R(1) | 4.13 | % | Series Q | December 1, 2020 | December 1, 2020 | $25.00 | 8,000,000 |  | 8,000,000 |  | 200 |  | 200 |
S | floating |  | Series T | November 1, 2021 | At any time | $25.50 | 8,000,000 |  | 3,513,448 |  | 88 |  | 88 |
T(1) | 3.019 | % | Series S | November 1, 2021 | November 1, 2021 | $25.00 | 8,000,000 |  | 4,486,552 |  | 112 |  | 112 |
Y | floating |  | Series Z | December 1, 2022 | At any time | $25.50 | 10,000,000 |  | 8,081,491 |  | 202 |  | 219 |
Z(1) | 3.904 | % | Series Y | December 1, 2022 | December 1, 2022 | $25.00 | 10,000,000 |  | 1,918,509 |  | 48 |  | 31 |
AA(1) | 3.61 | % | Series AB | September 1, 2022 | September 1, 2022 | $25.00 | 20,000,000 |  | 11,398,396 |  | 291 |  | 259 |
AB | floating |  | Series AA | September 1, 2022 | At any time | $25.50 | 20,000,000 |  | 8,601,604 |  | 219 |  | 251 |
AC(1) | 3.55 | % | Series AD | March 1, 2018 | March 1, 2018 | $25.00 | 20,000,000 |  | 5,069,935 |  | 129 |  | 129 |
AD | floating |  | Series AC | March 1, 2018 | At any time | $25.50 | 20,000,000 |  | 14,930,065 |  | 381 |  | 381 |
AE | floating |  | Series AF | February 1, 2020 | At any time | $25.50 | 24,000,000 |  | 9,292,133 |  | 232 |  | 232 |
AF(1) | 3.11 | % | Series AE | February 1, 2020 | February 1, 2020 | $25.00 | 24,000,000 |  | 6,707,867 |  | 168 |  | 168 |
AG(1) | 2.80 | % | Series AH | May 1, 2021 | May 1, 2021 | $25.00 | 22,000,000 |  | 4,985,351 |  | 125 |  | 125 |
AH | floating |  | Series AG | May 1, 2021 | At any time | $25.50 | 22,000,000 |  | 9,014,649 |  | 225 |  | 225 |
AI(1) | 2.75 | % | Series AJ | August 1, 2021 | August 1, 2021 | $25.00 | 22,000,000 |  | 5,949,884 |  | 149 |  | 149 |
AJ | floating |  | Series AI | August 1, 2021 | At any time | $25.50 | 22,000,000 |  | 8,050,116 |  | 201 |  | 201 |
AK(1) | 2.954 | % | Series AL | December 31, 2021 | December 31, 2021 | $25.00 | 25,000,000 |  | 22,745,921 |  | 569 |  | 569 |
AL(2) | floating |  | Series AK | December 31, 2021 | At any time |  | 25,000,000 |  | 2,254,079 |  | 56 |  | 56 |
AM(1) | 2.764 | % | Series AN | March 31, 2021 | March 31, 2021 | $25.00 | 30,000,000 |  | 9,546,615 |  | 218 |  | 218 |
AN(2) | floating |  | Series AM | March 31, 2021 | At any time |  | 30,000,000 |  | 1,953,385 |  | 45 |  | 45 |
AO(1) | 4.26 | % | Series AP | March 31, 2022 | March 31, 2022 | $25.00 | 30,000,000 |  | 4,600,000 |  | 118 |  | 118 |
AP(3) | floating |  | Series AO | March 31, 2027 |  |  | 30,000,000 |  | — |  | — |  | — |
AQ(1) | 4.25 | % | Series AR | September 30, 2018 | September 30, 2018 | $25.00 | 30,000,000 |  | 9,200,000 |  | 228 |  | 228 |
AR(3) | floating |  | Series AQ | September 30, 2023 |  |  | 30,000,000 |  | — |  | — |  | — |
|  |  |  |  |  |  |  | 4,004 |  | 4,004 |
(1) | BCE may redeem each of these series of First Preferred Shares on the applicable redemption date and every five years after that date.
(2) | BCE may redeem Series AL and AN First Preferred Shares at $25.00 per share on December 31, 2021 and March 31, 2021, 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 such series of First Preferred Shares.
(3) | If Series AP or AR First Preferred Shares are issued on March 31, 2022 and September 30, 2018, respectively, BCE may redeem such shares at $25.00 per share on March 31, 2027 and September 30, 2023, respectively, and every five years thereafter (each, a Series conversion date). Alternatively, BCE may redeem Series AP or AR First Preferred Shares at $25.50 per share on any date, in the case of Series AP First Preferred Shares, and on any date after September 30, 2018, in the case of Series AR First Preferred Shares, which is not a Series conversion date for each relevant series.
The following table provides details about the outstanding common shares of BCE.
|  | 2017 | 2016
| NOTE | NUMBER OF SHARES |  | STATED CAPITAL |  | NUMBER OF SHARES |  | STATED CAPITAL |
Outstanding, January 1 |  | 870,706,332 |  | 18,370 |  | 865,614,188 |  | 18,100 |
Shares issued for the acquisition of MTS | 3 | 27,642,714 |  | 1,594 |  | — |  | — |
Shares issued under employee stock option plan | 26 | 2,555,863 |  | 122 |  | 2,236,891 |  | 104 |
Shares issued under dividend reinvestment plan |  | — |  | — |  | 688,839 |  | 38 |
Shares issued under ESP |  | 91,731 |  | 5 |  | 2,166,414 |  | 128 |
Outstanding, December 31 |  | 900,996,640 |  | 20,091 |  | 870,706,332 |  | 18,370 |

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