Let the arbs and speculators dump their shares already and get the F out of this stock.
BCE will support the stock with buybacks. Notice they didn't specify an amount. That is because they will buy when it suits them, in order to support the stock.
And the dividend being reinstated provides further support.
2009 will be a tough year because of the recession. Just how bad will ti get and how much will it impact BCE's performance? We shall see. Their numbers will get worse, but hopefully not too bad. More layoffs coming.