---
schema_version: "secwatch.filing_event.v1"
accession: "0001070235-25-000104"
form_type: "8-K"
ticker: "BB"
cik: "0001070235"
company_name: "BLACKBERRY Ltd"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T03:02:34.758663+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001070235-25-000104
- form_type: 8-K
- ticker: BB
- cik: 0001070235
- company_name: BLACKBERRY Ltd
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070235/000107023525000104/0001070235-25-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070235/000107023525000104/bbry-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070235-25-000104
- JSON: https://secwatch.observer/filing/0001070235-25-000104.json
- Plain text: https://secwatch.observer/filing/0001070235-25-000104.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.