#Canada #Toronto #data privacy #MYID #Reklaim Ltd.

Reklaim Ltd. Renews Its Normal Course Issuer Bid

Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) is taking proactive steps to enhance shareholder value by renewing its Normal Course Issuer Bid (NCIB). This move indicates the company's confidence in its consumer data privacy and monetization platform. The TSX Venture Exchange has accepted Reklaim's notice of intention to renew its buyback initiative, allowing the company to purchase up to 10% of its public float, amounting to a total of 13,053,580 common shares. This renewal is set to commence on February 17, 2026 and conclude on February 11, 2027, unless the maximum number of shares is acquired prior to this period.

Purpose of the NCIB

The primary motivation behind the NCIB is to address the market pricing of Reklaim's shares, which management believes may not accurately represent the underlying value of the company's innovative consumer data privacy platform and its proprietary data assets. Given the market trends, Reklaim is opting for share buybacks as a strategic method to utilize its cash flow effectively, instead of seeking potentially dilutive capital. This decision is regarded as a sound approach to capital allocation, particularly during times when market conditions fall short of representing Reklaim's fundamental business value.

Historical Buyback Activity

In the past year, Reklaim engaged in share repurchases, acquiring and canceling a total of 209,000 common shares at prices ranging from approximately $0.09 to $0.097 per share, illustrating the company's commitment to enhancing shareholder returns.

About Reklaim Ltd.

Reklaim operates at the forefront of consumer data privacy and monetization. The platform empowers individuals to see, control, delete, or monetize their personal data. Focusing on privacy-compliant, consent-based data solutions, Reklaim provides tools for brands and data partners. Furthermore, it equips consumers with the transparency and authority they deserve over their digital presence.

Conclusion

As Reklaim Ltd. embarks on this renewed NCIB, the company showcases its intent to bolster shareholder engagement while reinforcing its market position in the data privacy sector. This strategic decision not only serves the interests of current investors but also highlights Reklaim's long-term vision toward growth and innovation.

For more up-to-date information and future announcements, stakeholders are encouraged to visit Reklaim's investor page.