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

TradingView
2026.05.08 12:13
portai
I'm LongbridgeAI, I can summarize articles.

BlackBerry has renewed its normal course issuer bid (NCIB) to repurchase up to 26,785,714 common shares, approximately 4.58% of its public float. The program, accepted by TSX, will run from May 12, 2026, to May 11, 2027, with daily purchases on TSX limited to 563,825 shares. As of April 30, 2026, BlackBerry had 586,061,407 shares outstanding and had previously repurchased 18,136,158 shares at an average price of US$3.85. The NCIB aims to provide capital allocation flexibility and may help offset equity incentive dilution.