Truecaller Completes Significant Share Buyback Round in September 2025
Truecaller Completes Significant Share Buyback Round in September 2025
Truecaller AB, the well-known global platform for verifying contacts and blocking unwanted communications, has announced a major step in its financial strategy. Between September 15 and September 19, 2025, the company repurchased a total of 130,000 B shares. This buyback is a part of an ongoing program initiated by the board of directors to enhance shareholder value and strengthen the financial position of the company.
The repurchased shares amounted to 0.04% of the total outstanding capital, bringing the total buybacks since the program's inception to 1,797,500 shares, which translates to 0.51% of the outstanding capital. Such actions not only serve to optimize the capital structure but also reflect a strategic move towards increasing shareholder confidence.
Background of the Buyback Program
The share buyback program was initially announced on May 30, 2025, and is set to continue until the Annual General Meeting (AGM) in May 2026. This initiative aligns with regulatory guidelines under