Truecaller AB Share Buyback Activity
Truecaller AB, a leading communications platform, has recently engaged in a systematic share buyback program aimed at enhancing shareholder value. Between September 1 and September 5, 2025, the company repurchased a total of
140,000 B shares, marking an important step in its ongoing strategy. This buyback represents
0.04% of the total outstanding capital and is part of a larger initiative authorized by the board of directors earlier in 2025.
Background of the Buyback Program
The share buyback program commenced after the board's authorization during the
Annual General Meeting (AGM) held in 2025. This program is structured to run until the next AGM in May 2026, with the objective of not exceeding 10% of the total shares available. As of the end of week 37 in 2025, Truecaller has successfully repurchased
1,667,500 shares, translating to
0.47% of the company's capital stock.
The decision to initiate the buyback program aligns with Truecaller's commitment to enhancing shareholder returns while maintaining the company's financial strength. It reflects management's belief in the company's value and growth potential, especially as it continues to expand its user base worldwide.
Detailed Overview of the Buybacks
The buyback activities were executed through
Nasdaq Stockholm, with
Carnegie acting on behalf of Truecaller. Following the completion of these acquisitions, Truecaller held
5,612,832 B shares and
5,013,786 C-shares as of September 12, 2025, which represents
3.00% of the outstanding capital. The total number of shares outstanding for Truecaller, including its own holdings, now stands at
353,750,053, thus enhancing the company’s strategy towards capital management and resource allocation.
Here’s a brief summary of the buyback transactions for week 37:
- - September 8, 2025: 20,000 shares at an average price of SEK 44.36. Total transaction: SEK 887,161.
- - September 9, 2025: 20,000 shares at an average price of SEK 44.11. Total transaction: SEK 882,258.
- - September 10, 2025: 20,000 shares at an average price of SEK 44.70. Total transaction: SEK 894,077.
- - September 11, 2025: 50,000 shares at an average price of SEK 44.31. Total transaction: SEK 2,215,605.
- - September 12, 2025: 30,000 shares at an average price of SEK 44.01. Total transaction: SEK 1,320,439.
The total trading for the week amounted to
140,000 shares at an average price of
SEK 44.28, leading to a cumulative value of
SEK 7,615,762.
About Truecaller
Truecaller is globally recognized as a premier platform for verifying contacts and blocking unwanted communications. The company’s goal is to foster secure and meaningful interactions amongst users, while also providing businesses with efficient mechanisms to engage with consumers. As of now, Truecaller has over
450 million active users, establishing itself as an indispensable tool in the digital communication landscape.
Upcoming Plans
Looking towards the future, Truecaller remains committed to executing its buyback program as outlined. The company's proactive approach is a testament to its growth strategy and is designed to provide ongoing value to shareholders. For updates, stakeholders can monitor Truecaller’s official communications and financial reports. As the company continues its operations on the Nasdaq Stockholm exchange, it is positioned well in an increasingly digital world.
For inquiries, you can contact
Andreas Frid, Head of IR Communication at Truecaller, via phone or email for more information regarding this buyback initiative.
Visit
Truecaller’s Corporate Website for further updates and insights on company performance and shareholder activities.