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Lime Technologies AB ( (SE:LIME) ) just unveiled an announcement.
Lime Technologies AB’s board has called an Extraordinary General Meeting to seek shareholder authorisation for a share buyback program covering up to 10 per cent of the company’s outstanding shares. The mandate, expected to run until the next Annual General Meeting, would allow repurchases on Nasdaq Stockholm at times the board deems value-accretive for shareholders.
The board frames the proposal as a tool for more active capital allocation amid sharp equity market swings and pressure on small-cap software stocks from fund outflows and uncertainty around new AI competitors. Lime stresses it retains a strong financial position that supports ongoing organic growth, acquisitions and shareholder-focused measures, signalling confidence in its long-term strategy despite short-term market volatility.
The most recent analyst rating on (SE:LIME) stock is a Hold with a SEK259.00 price target. To see the full list of analyst forecasts on Lime Technologies AB stock, see the SE:LIME Stock Forecast page.
More about Lime Technologies AB
Lime Technologies AB is a Nordic software company specialising in digital tools for customer relationship management and customer care. Founded in 1990, it develops and sells CRM products used by clients ranging from sole traders to large organisations, and operates from offices across Scandinavia and several European cities.
YTD Price Performance: -35.82%
Average Trading Volume: 36,889
Technical Sentiment Signal: Sell
Current Market Cap: SEK2.45B
For an in-depth examination of LIME stock, go to TipRanks’ Overview page.