tiprankstipranks
Advertisement
Advertisement

Formpipe ramps up share buybacks ahead of Lasernet rebrand

Story Highlights
  • Formpipe Software intensified its ongoing share buyback, lifting treasury holdings to 323,300 shares.
  • The repurchases aim to optimize capital structure and precede a planned rebrand to Lasernet Group AB.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Formpipe ramps up share buybacks ahead of Lasernet rebrand

Meet Samuel – Your Personal Investing Prophet

FormPipe Software AB ( (SE:FPIP) ) has provided an update.

Formpipe Software AB repurchased 89,300 of its own shares on Nasdaq Stockholm between 16 and 20 March 2026 as part of an ongoing buyback programme authorized by shareholders and executed by ABG Sundal Collier AB. Following these trades, the company holds 323,300 shares in treasury under a SEK 7.5 million programme aimed at optimizing its capital structure.

The buyback, conducted under EU market abuse and safe harbour regulations, is intended to enhance shareholder value and will be followed by a proposed redemption of the repurchased shares. The activity comes ahead of the 2026 AGM, where the board plans to finalize the company’s rebranding to Lasernet Group AB, underscoring a strategic repositioning of the software provider in its markets.

The most recent analyst rating on (SE:FPIP) stock is a Hold with a SEK23.50 price target. To see the full list of analyst forecasts on FormPipe Software AB stock, see the SE:FPIP Stock Forecast page.

More about FormPipe Software AB

Formpipe Software AB, soon to be renamed Lasernet Group AB, is a Swedish software company focused on digitizing and automating business processes for more than 2,500 clients worldwide. Its Lasernet-branded solutions help organizations deliver the right information in the right context, and the group operates from offices across Sweden, Denmark, the U.K., Germany, France and the U.S., with shares listed on Nasdaq Stockholm.

Average Trading Volume: 46,771

Technical Sentiment Signal: Sell

Current Market Cap: SEK1.22B

Find detailed analytics on FPIP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1