BlackBerry Announces Normal Course Issuer Bid Share Buy Back Program

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.

Under the NCIB, BlackBerry can purchase its common shares through the TSX, other Canadian stock exchanges, the New York Stock Exchange (the “NYSE”), and/or alternative trading systems in Canada and the United States. Subject to regulatory approval, purchases of its common shares may also be made by BlackBerry by way of private agreements or share repurchase programs under issuer bid exemption orders issued by securities regulatory authorities. Any BlackBerry common shares purchased through the NCIB will be cancelled.