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Bullboard - Stock Discussion Forum BCE Inc T.BCE

Alternate Symbol(s):  BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | T.BCE.PR.E | BCAEF | T.BCE.PR.F | T.BCE.PR.G | BECEF | T.BCE.PR.H | T.BCE.PR.I | T.BCE.PR.J | T.BCE.PR.K | BCEXF | T.BCE.PR.M | T.BCE.PR.N | T.BCE.PR.Q | T.BCE.PR.R | BCEIF | T.BCE.PR.S | T.BCE.PR.T | T.BCE.PR.Y | BCEFF | T.BCE.PR.Z | T.BCE.PR.L

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and... see more

TSX:BCE - Post Discussion

BCE Inc > Cost Cutting to Add Approx. $1.50 to $2.00 per Share...
View:
Post by JoeBravo1 on Mar 01, 2024 9:06am

Cost Cutting to Add Approx. $1.50 to $2.00 per Share...

Taking into consideration 920 Million outstanding shares, if cost cutting saves BCE $150 to $200 million this year and $250 million in future years, they should be adding approx. $150 to $2.00 per share to their bottom line.

Next few quarters will tell the tale.  It's unfortunate regarding layoffs, but other big companies have done this and they are doing quite well for shareholders today.
Comment by newcoin on Mar 02, 2024 11:00am
"BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year. Looking ahead, we are increasing BCE's common share dividend by 3.1% for 2024. This will be a transformational year for Bell as we balance growth with financial performance, continue to adapt in ...more  
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