Business
Reklaim Ltd Renews Normal Course Issuer Bid to Repurchase Up to 10% of Public Float
Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) ("Reklaim" or the "Company"), a consumer data privacy and data monetization platform, today announced that the TSX Venture Exchange (the "Exchange") has accepted its notice of intention to renew its Normal Course Issuer Bid ("NCIB").
About this update from Reklaim Ltd
[{"type":"text","content":"Share NCIB repurchase program reflects confidence in Reklaim's consumer data privacy and monetization business","length":114,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, Feb. 11, 2026 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) ("Reklaim" or the "Company"), a consumer data privacy and data monetization platform, today announced that the TSX Venture Exchange (the "Exchange") has accepted its notice of intention to renew its Normal Course Issuer Bid ("NCIB").","length":343,"tagName":"p"},{"type":"image","alt":"$MYID $MYIDF (CNW Group/Reklaim Ltd.)","displaySize":"","headline":null,"caption":"$MYID $MYIDF (CNW Group/Reklaim Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":53,"url":"https://media.zenfs.com/en/prnewswire.com/c6979bda3ea4a5d3d56fccda3be318b0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1q5imR84UpZmvehV.PTUUQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTkzO2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/c6979bda3ea4a5d3d56fccda3be318b0","width":400,"height":53}},"href":"https://mma.prnewswire.com/media/2902080/Reklaim_Ltd__Reklaim_Ltd_Renews_Normal_Course_Issuer_Bid_to_Repu.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the renewed NCIB, Reklaim may purchase for cancellation up to 13,053,580 common shares, representing 10% of its public float of 130,535,809 issued and outstanding common shares as of the date of the notice.","length":212,"tagName":"p"},{"type":"text","content":"The NCIB will commence on February 17, 2026 and will terminate on the earlier of February 11, 2027, or the date on which the Company has acquired the maximum number of shares permitted under the NCIB.","length":200,"tagName":"p"},{"type":"text","content":"Purchases will be made through the facilities of the TSX Venture Exchange at prevailing market prices, in accordance with Exchange policies. The Company has engaged Integral Wealth Securities Limited to conduct purchases on its behalf. All shares acquired under the NCIB will be cancelled.","length":289,"tagName":"p"},{"type":"text","content":"Rationale for the NCIB","length":22,"tagName":"p"},{"type":"text","content":"Reklaim believes the current market price of its shares may not fully reflect the intrinsic value of its consumer data privacy platform, pro...