BlackBerry Limited announced TSX acceptance of its renewed normal course issuer bid to repurchase up to 26,785,714 common shares, or 4.58% of public float, starting May 12, 2026.
Key takeaways
TSX accepted renewal of NCIB for up to 26,785,714 common shares (4.58% of 584,830,432 public float as of April 30, 2026).
Program commences May 12, 2026, ends no later than May 11, 2027; shares to be cancelled.
Prior program repurchased 18,136,158 shares at US$3.85 average price since May 2025.
Daily TSX purchases limited to 563,825 shares (25% of 6-month average volume of 2,255,303).
Buybacks via TSX, NYSE, other exchanges or private agreements at market or discounted prices.
Supports capital allocation by offsetting equity dilution and investing excess cash opportunistically.