#Sweden #Truecaller #B shares #share buyback #Stockholm

In the latter part of February 2026, Truecaller AB commenced and completed an extensive share buyback program that saw the repurchase of 2 million B shares. This transaction took place during the week of February 23 to 27 and is indicative of the company's strategic efforts to bolster its market position and shareholder value. The shares, corresponding to approximately 0.57% of the company's outstanding capital, bring the total shares repurchased since the program initiated to 12,659,594, significantly representing about 3.58% of the total outstanding capital.

The buyback scheme is an integral part of Truecaller’s broader strategy, originally announced on May 30, 2025. This initiative is expected to continue until the Annual General Meeting slated for May 2026, ensuring compliance with the relevant regulations, particularly the 'Emittentregelverket'. Notably, at the 2025 AGM, the board's authorization to repurchase B shares was extended until the 2026 AGM, enabling the company to acquire shares without surpassing the limit of 10% of the total shares outstanding according to the AGM's date.

Here are the details of the transactions carried out during this buyback period:

• - On February 23, 2026, the company bought 300,000 shares at an average price of SEK 11.01, with a total transaction value of SEK 3,302,362.
• - February 24, 2026, saw a more substantial purchase of 500,000 shares at SEK 10.83 each, totalling SEK 5,413,689.
• - Following this, on February 25, 2026, another 300,000 shares were purchased at SEK 10.96, resulting in a value of SEK 3,289,098.
• - The buying continued with 450,000 shares acquired on February 26, 2026, at a price of SEK 10.97, bringing in a transaction value of SEK 4,936,119.
• - Finally, on February 27, 2026, 450,000 shares were bought at SEK 11.17, resulting in a value of SEK 5,027,893.

Cumulatively, these transactions amounted to a total of 2,000,000 shares repurchased at an average price of SEK 10.98, summing up to a transaction value of SEK 21,969,162 over the specified week. The company's overall holdings of its own B shares have now reached 16,604,926, alongside 5,013,786 C shares, amounting to 6.11% of its outstanding capital.

As of February 27, 2026, Truecaller’s total share count, including its own holdings, stands at 353,790,721 shares, while the number of outstanding shares, excluding its own, is 332,172,009.

This share buyback program is not a one-off activity; Truecaller has been persistent in its approach to share repurchases, with previous buyback initiatives yielding impressive numbers:

• - The initial phase from October 2022 to May 2023 saw the repurchase of 13,281,779 shares at an average price of SEK 33.99, resulting in total spending of approximately SEK 451 million.
• - The second phase, concerted from June 2023 to May 2024, involved 15,365,336 shares at an average price of SEK 31.78, amounting to SEK 488 million.
• - Then, from June 2024 to May 2025, 3,945,332 shares were acquired at an average rate of SEK 36.35 with total expenditures reaching SEK 143 million.
• - Finally, the current program initiated in June 2025 has thus far amounted to 12,659,594 shares repurchased at an average price of SEK 21.87, resulting in total expenditures of SEK 254 million.

In summary, Truecaller's share buyback programs have resulted in a total repurchase of 45,252,041 shares at an average price of SEK 30.05, totaling approximately SEK 1.36 billion. These strategic maneuvers not only signify Truecaller's confidence in its business model but also its commitment to enhancing shareholder value and making the company an attractive place for investors. With nearly 500 million active users, Truecaller is dedicated to building trust and securing effective communication channels globally. The company is publicly traded on Nasdaq Stockholm, having been listed since October 8, 2021. For further updates on Truecaller's performance and initiatives, interested parties can visit their corporate site or reach out directly to their Investor Relations lead.