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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Comment by sulinelanieon Jun 02, 2023 7:29am
89 Views
Post# 35476416

RE:Minority have no voting power over blackberry

RE:Minority have no voting power over blackberry

The phrase "Minority have no voting power over BlackBerry" appears to refer to the dynamics of shareholder voting rights within BlackBerry Limited, a Canadian multinational company specializing in enterprise software and the Internet of Things.

In the context of corporate governance, a "minority" usually refers to a minority shareholder or group of shareholders who collectively own less than 50% of a corporation's shares. The majority of the voting power typically lies with majority shareholders, often including institutional investors, mutual funds, or a founding family or individual.

Shareholders typically have voting rights proportionate to the number of shares they own. They can vote on a variety of corporate matters, including electing directors, approving significant corporate transactions, and adopting or amending bylaws. Each share usually corresponds to one vote, but the specifics can vary depending on the corporation's bylaws and the jurisdiction in which it's incorporated.

However, this does not mean minority shareholders have no influence. In many jurisdictions, minority shareholders have legal protections to ensure that the majority cannot abuse their power. Minority shareholders also have the ability to exert influence through dialogue with management, participation in shareholder meetings, and, in some cases, by joining together with other minority shareholders to form a voting bloc.

As always, the specific dynamics can vary widely based on the company's bylaws, the laws of the jurisdiction in which it's incorporated, the distribution of its shares, and other factors. Please consult with a financial advisor or legal professional for advice tailored to your specific situation.

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