Truecaller AB's Recent Share Buyback Moves
In a significant move to enhance shareholder value, Truecaller AB (publ) performed a substantial repurchase of its own B shares during the week of December 15-19, 2025. The company bought back 2,322,000 B shares, which is equivalent to 0.66% of its outstanding capital. This activity is just a part of a larger share buyback program initiated on May 30, 2025, in which Truecaller has committed to repurchasing shares up until the Annual General Meeting (AGM) in May 2026.
Overview of the Buyback Initiative
The buyback initiative is aimed at improving the company's capital structure and boosting shareholder returns. Since the inception of the program, Truecaller has repurchased a total of 6,401,053 shares, constituting 1.81% of its total outstanding shares. The company received authorization at the 2025 AGM to continue these repurchases until the upcoming AGM in 2026, which allows them to ensure that their total owning shares do not exceed 10% of the overall shares in circulation.
Daily Transactions During Week 51
The repurchase of shares was executed on Nasdaq Stockholm through Carnegie on behalf of Truecaller. Here’s a breakdown of the daily transactions:
- - December 15, 2025: 850,000 shares at an average price of 17.44 SEK, totaling 14,820,558 SEK.
- - December 16, 2025: 200,000 shares at an average price of 18.72 SEK, totaling 3,744,733 SEK.
- - December 17, 2025: 447,000 shares at an average price of 19.16 SEK, totaling 8,563,159 SEK.
- - December 18, 2025: 250,000 shares at an average price of 18.82 SEK, totaling 4,703,934 SEK.
- - December 19, 2025: 575,000 shares at an average price of 18.68 SEK, totaling 10,741,851 SEK.
The total for the week amounted to 2,322,000 shares, with an overall average price of 18.34 SEK per share and a total transaction value reaching 42,574,235 SEK.
Current Shareholding Overview
Following these acquisitions, Truecaller now holds 10,346,385 B shares and 5,013,786 C shares, representing 4.34% of its outstanding capital. The total number of shares, including those owned by Truecaller, stands at 353,790,721, with 338,430,550 shares available to the public.
Summary of Buyback Programs
Truecaller has conducted several buyback programs in recent years, reflecting its commitment to returning capital to its shareholders. Here is a summary of past buyback volumes and financials:
1.
October 2022 - May 2023: 13,281,779 shares at an average price of 33.99 SEK (total value: 451,447,668 SEK)
2.
June 2023 - May 2024: 15,365,336 shares at an average of 31.78 SEK (total value: 488,310,378 SEK)
3.
June 2024 - May 2025: 3,945,332 shares at an average of 36.35 SEK (total value: 143,397,037 SEK)
4.
June 2025 - Present: 6,401,053 shares at an average of 29.31 SEK (total value: 187,646,730 SEK)
Overall, the total shares repurchased across all programs add to 38,993,500, with a cumulative spending of approximately 1.27 billion SEK. This data signals the pivotal role of share repurchases in Truecaller’s strategy to optimize capital allocation for better shareholder returns.
About Truecaller
Truecaller is a globally recognized platform that specializes in verifying contacts and blocking unwanted communications. It enables safe and relevant conversations between users and enhances business connectivity with consumers. With over 450 million active users, Truecaller plays a vital role in combating fraud and unwanted communications in the digital landscape, particularly within emerging markets. The company has been publicly listed on Nasdaq Stockholm since October 8, 2021, further strengthening its market position and visibility.
Conclusion
As Truecaller continues its share buyback program, it demonstrates a robust approach to returning value to its shareholders. The ongoing buybacks reflect the company's confidence in its future prospects and commitment to enhancing shareholder wealth, paving the way for sustainable growth in an ever-evolving digital communications environment.