(Reuters) - Canadian smartphone maker BlackBerry Ltd said it plans to buy back 12 million shares, sending its stock up nearly 2 percent 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. 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.



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