On May 29, 2026, Truecaller AB issued a significant announcement regarding the cancellation of its Class B shares as part of its commitment to enhancing shareholder value. The cancellation, which involved 16,274,926 Class B shares, aligns with the resolution set forth during the Annual General Meeting held on May 22, 2026. This move follows a strategic share buy-back plan that was earlier approved at the preceding year's Annual General Meeting on May 23, 2025.
In addition to the cancellation of Class B shares, the company converted 2,924,288 Class C shares into Class B shares. This conversion was essential for fulfilling the obligations under Truecaller’s employee share programs. Following these changes, Truecaller’s total shareholding now consists of 7,850,000 Class B shares—each representing one vote—and 2,089,498 Class C shares, which also carry one vote apiece. This adjustment reflects approximately 2.94% of the company's total shares and about 1.31% of total voting powers.
As of May 29, 2026, Truecaller’s total share count stands at 337,515,795 shares, correlating with 758,569,995 votes. The breakdown includes 46,783,800 Class A shares, which possess ten votes each, alongside the previously mentioned Class B and Class C shares.
Truecaller AB’s strategic decisions are in line with its mission to strengthen communication safety and trust within the digital space. With over 500 million active users globally, the company has positioned itself as a vital player in ensuring secure communication channels. Its dedication to curtailing fraud and facilitating meaningful exchanges has made it an integral service for many, especially in emerging markets where trust in communication can often be precarious.
Truecaller has been publicly listed on Nasdaq Stockholm since October 8, 2021, which reflects its growth trajectory and commitment to operational transparency. Interested parties can reach out to Andreas Frid, the Head of Investor Relations, at +46 705 29 08 00 or via email at [email protected] for further details regarding this announcement.
This shareholding update bears importance not only for Truecaller’s investment community but also for users who rely on its services. The firm’s ongoing pursuit of shareholder value through strategic share management is indicative of its broader business philosophy focused on sustainability and growth.
As Truecaller sets its focus toward fostering advancements in communication, stakeholders will be keen to observe future developments that arise from these changes in share structure and corporate governance. In times governed by rapid technological evolution, ensuring trust in digital communication remains paramount, and Truecaller strives to address these challenges head-on. For more information about Truecaller, visit
corporate.truecaller.com.