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BlackBerry Announces Normal Course Issuer Bid Share Buy Back Program

1. BlackBerry to buy back 4.7% of outstanding shares through NCIB.

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FAQ

Why Bullish?

Share buybacks typically signal confidence in financial health, likely boosting stock price. Historical examples show positive impacts from similar initiatives, enhancing shareholder value.

How important is it?

The announcement of a share buyback reflects management's belief in the company's future and can increase demand for shares. This financial maneuver is often interpreted positively by the market.

Why Short Term?

The immediate effect from the buyback program can lift share prices quickly, reflecting investor sentiment. Past buybacks have often shown a swift price increase.

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WATERLOO, ON / ACCESS Newswire / May 8, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that it has received acceptance from the Toronto Stock Exchange (the "TSX") for a normal course issuer bid ("NCIB") share buy back program. The program allows for the repurchase of up to 27,855,153 of its common shares, representing approximately 4.7% of the outstanding public float as of the close of business on May 5, 2025.

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