BlackBerry renews NCIB to repurchase up to 26.8M shares (~4.58% of float)

BLACKBERRY Ltd

Up to 26,785,714 common shares may be repurchased for cancellation, ~4.58% of public float as of April 30, 2026.
Program runs from May 12, 2026 to at most May 11, 2027; purchases on TSX, NYSE, and other platforms.
Company expects to generate meaningful positive operating cash flow during fiscal 2027.
Previous NCIB (May 2025–May 2026) repurchased 18.1M shares at a weighted average price of US$3.85.
Buyback aims to offset dilution and invest excess cash for risk-adjusted return.

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