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BlackBerry to buy up to 12 million shares for cancellation

BlackBerry, which has not repurchased any outstanding securities in the last one year, said it would present a new employee share purchase program and propose an increase in its equity incentive plan at its annual meeting next month. BlackBerry said it would buy the shares, representing about 2.6 percent of its outstanding public float, over the Nasdaq Stock Market or on the Toronto Stock Exchange, subject to approval.

Quoted from BlackBerry to buy up to 12 million shares for cancellation on Gadgets News Headlines – Yahoo! News

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