Truecaller Expands Its Buyback Program
In the week of March 9-13, 2026, Truecaller AB, a leading global platform specializing in contact verification and unwanted communication blocking, announced the successful repurchase of 750,000 of its B shares. This repurchase forms part of an ongoing share buyback initiative that aims to enhance shareholder value and is expected to positively impact the company's stock performance.
Initially launched on May 30, 2025, this buyback program has already allowed Truecaller to repurchase significant volumes of its shares, totaling 14,379,594 B shares, equating to around 4.06% of the company’s outstanding capital. This reflects the company's strategy to manage its share capital effectively and demonstrate to its investors its commitment to maximizing their investments.
The shares were repurchased on Nasdaq Stockholm through Carnegie, a respected financial services provider. The detailed transaction data revealed that over the course of the week, the shares were bought at an average price of SEK 11.83 each, culminating in a total transaction value of approximately SEK 8.87 million. The company’s financial judiciousness is apparent, as this latest batching of shares fits squarely into its broader share buyback script, intended to run until the upcoming 2026 Annual General Meeting.
During this latest week of transactions, Truecaller purchased its shares as follows:
- - March 9, 2026: 150,000 shares at SEK 11.82
- - March 10, 2026: 150,000 shares at SEK 11.93
- - March 11, 2026: 150,000 shares at SEK 11.62
- - March 12, 2026: 150,000 shares at SEK 11.87
- - March 13, 2026: 150,000 shares at SEK 11.91
As of March 13, 2026, Truecaller holds a total of 18,324,926 B shares and 5,013,786 C shares, representing about 6.60% of its outstanding capital. The overall number of shares in circulation stands at 353,790,721, with 330,452,009 shares available for trading after accounting for the company’s treasury shares.
The buyback program is approved by the board during the 2025 Annual General Meeting, granting Truecaller the authority to repurchase shares up to ten percent of the total number of outstanding shares before the upcoming AGM in 2026. This ensures Truecaller continues to adapt to the changing market dynamics while prioritizing its shareholder's interests.
Truecaller’s ongoing repurchase efforts can be considered part of a comprehensive strategy that not only returns value to shareholders but also reassures investors about the company's stability and future prospects. The share buyback program is a testament to Truecaller’s strong performance and strategic planning amidst the competitive landscape of the digital communication industry.
Truecaller continues to foster safe and relevant conversations for nearly 500 million active users worldwide, making it a trusted brand in the market. Listing on Nasdaq Stockholm since October 8, 2021, the company has built a reputation as a reliable player, which its stock performance reflects through these significant buyback maneuvers. As digital safety becomes an increasingly prominent concern for consumers, Truecaller remains committed to building trust in communication, effectively anticipating future growth while enhancing shareholder satisfaction.
Conclusion
In summary, Truecaller is steadfast in its dedication to enhancing shareholder value through a clear and methodical approach to its share buyback program. The latest repurchase of 750,000 B shares signifies a strong commitment to building confidence among its investors while remaining focused on sustaining growth in a digital marketplace that demands efficiency and trust.