Truecaller Completes Significant Share Buyback in Week 32 of 2025
Truecaller Completes Significant Share Buyback in Week 32 of 2025
In a strategic move to enhance shareholder value, Truecaller AB has successfully repurchased a total of 150,000 of its own B shares from August 4 to August 8, 2025. This transaction is part of a broader share buyback program that was officially initiated by the company's board of directors previously on May 30, 2025. The total shares acquired during this designated week represent about 0.04% of Truecaller's outstanding capital, reflecting a calculated approach to managing its equity structure.
Overview of the Share Buyback Program
Since the commencement of the buyback program, Truecaller has reclaimed 725,000 shares, amounting to around 0.20% of its outstanding equity. This buyback initiative underscores Truecaller’s intent to optimize its capital structure and return value to its shareholders. The program is set to continue until the Annual General Meeting (AGM) in May 2026, during which the board seeks to enhance its ownership without exceeding ten percent of the total outstanding shares at the time.
The B shares, which are characterized by voting rights, have gained attention in the market, especially with Truecaller’s share trading on Nasdaq Stockholm since October 8, 2021. The management is optimistic that this strategy will strengthen investor confidence and stabilize its market presence amid the evolving economic landscape.
Details of the Recent Buyback Transactions
The buyback transactions were executed on Nasdaq Stockholm through Carnegie, reflecting Truecaller’s adherence to the regulatory framework known as 'Emittentregelverket'. The specifics of the transactions are as follows:
- - August 4, 2025: 30,000 shares purchased at an average price of SEK 48.56, with a total transaction value of SEK 1,550,634.
- - August 5, 2025: Another 30,000 shares at SEK 48.12, summing to SEK 1,320,903.
- - August 6, 2025: 30,000 shares at SEK 47.46, totaling SEK 1,486,238.
- - August 7, 2025: A repeat of 30,000 shares at SEK 48.23, generating SEK 1,678,854.
- - August 8, 2025: Finalizing this round, 30,000 shares were repurchased at a price of SEK 47.15, aggregating SEK 2,644,757.
Current Stock Situation and Future Outlook
Post-buybacks, Truecaller now holds a total of 4,640,332 B shares and 5,013,786 C-shares, which translates to approximately 2.73% of its total equity. The entirety of shares in circulation has reached 353,750,053, with true outstanding shares at about 344,095,935, excluding treasury shares.
Truecaller’s initiative to repurchase shares is a testament to the company’s solid financial foundation and its commitment to returning capital to its shareholders. As the program progresses, the board will likely continue evaluating the effectiveness of buybacks as a tool to boost investor sentiment and market confidence. Furthermore, as the digital economy grows, Truecaller is dedicated to fortifying trust and ensuring reliable communication avenues, which are increasingly vital in today’s marketplace.
Conclusion
With over 450 million active users globally, Truecaller remains at the forefront of communication technology, emphasizing trust and efficiency in digital interactions. Stakeholders and analysts alike are watching closely to see how these initiatives will play out in Truecaller's overall growth trajectory. As they continue their buyback program, the implications will undoubtedly resonate in both the stock market and the broader tech industry.
Topics Financial Services & Investing）
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