This excerpt taken from the BCE 6-K filed Nov 7, 2007.
On December 12, 2006, BCE Inc. announced its plan to renew its share repurchase program for an additional 12-month period to repurchase 5% of its outstanding common shares through a NCIB for which BCE Inc. obtained approval from the Toronto Stock
Exchange (TSX) on February 6, 2007. No common shares were repurchased during the third quarter of 2007 as purchases under the NCIB have been suspended. As at September 30, 2007, BCE Inc. had repurchased a total of 7.4 million common shares,
representing approximately 18% of the total common shares targeted for repurchase, for a total cash outlay of $227 million.