BUY BACK: BlackBerry, which has not repurchased any outstanding securities in the last one year, said it would present a new employee share purchase programme and propose an increase in its equity incentive plan at its annual meeting next month.
Canadian smartphone maker BlackBerry Ltd said it plans to buy back 12 million shares, sending its stock up nearly 2% in extended trading in the United States.
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.
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