---
title: "Forum Markets updates repurchase program, cancels 5.65M shares totaling $24.1M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284569585.md"
description: "Forum Markets has repurchased and cancelled approximately 5.65 million shares as part of its reinitiated buyback program, spending around $24.07 million. The program, effective from April 15, 2026, was publicly announced on April 17, 2026. The average repurchase price was about $4.26 per share. After these cancellations, about 14.65 million shares remain outstanding as of April 28, 2026. Future repurchases may continue depending on legal, market, and financial conditions, as well as Board discretion."
datetime: "2026-04-29T12:13:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284569585.md)
  - [en](https://longbridge.com/en/news/284569585.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284569585.md)
---

# Forum Markets updates repurchase program, cancels 5.65M shares totaling $24.1M

**Forum Markets repurchased and cancelled ~5,647,351 shares under its reinitiated buyback, spending about $24.07 million.**

**Key Highlights:**

-   Reinitiated repurchase program effective April 15, 2026 and publicly announced April 17, 2026.
-   Repurchased and cancelled ~5,647,351 shares at an average price of ~$4.26 per share, inclusive of fees.
-   Total cash deployed for repurchases was approximately $24,065,613 from existing cash on hand.
-   Following cancellations, approximately 14,649,582 shares remain issued and outstanding as of April 28, 2026.
-   Ongoing repurchases may continue subject to law, market conditions, financial position and Board discretion.

Original SEC Filing: FORUM MARKETS Inc \[ FRMM \] - 8-K - Apr. 29, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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