RE:Normal Course issuer bid?
Repurchasing shares is typically done when a company has excess capital on hand and no positive present value projects available. Its a way to distribute excess cash to shareholders, in the same way a dividend does. For an early days tech company like Bragg to repurchase shares would be highly unusual and would actually signal negatively to the market that management is out of ideas. Now if the executives of Bragg were buying for their personal accounts I'd agree that its a positive signal