BlackBerry announces NCIB to repurchase up to 27.9M shares (~4.7% of float)

BLACKBERRY Ltd

Max 27,855,153 common shares, approx 4.7% of public float as of May 5, 2025.
Program runs May 12, 2025 to May 11, 2026; repurchased shares will be cancelled.
Daily TSX purchase limit 721,194 shares (block purchases exempt); avg daily volume 2,884,777.
No share repurchases in past 12 months; company expects positive operating cash flow in FY2026.
Believes market price may not reflect underlying value; uses excess cash for risk-adjusted return.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.