Truecaller Completes B Share Buybacks: Key Details and Insights
Truecaller Completes Share Buybacks
In an important move enhancing shareholder value, Truecaller AB has successfully repurchased a total of 230,000 of its own Class B shares between August 18 and August 22, 2025. This action marks a significant part of the company's ongoing share buyback program initiated by the Board of Directors. The shares repurchased correspond to 0.07% of Truecaller’s total outstanding capital.
Since the launch of this buyback program on May 30, 2025, the company has now acquired a total of 1,155,000 shares, which represent approximately 0.33% of its overall capital. This initiative reflects Truecaller’s commitment to returning capital to shareholders while simultaneously reinforcing confidence in its operational strategy.
The buyback program will continue until the Annual General Meeting (AGM) held in May 2026. The Board was authorized to buy back Class B shares during the AGM of 2025, with a clear directive that such repurchases can be made as long as the company’s shareholding does not exceed ten percent of the total number of outstanding shares.
Details of the Recent Buybacks
Here's a brief overview of the daily transactions executed during the week of August 34, 2025:
| Date | Shares Purchased | Average Price (SEK) | Total Value (SEK) |
|---|---|---|---|
| --- | ---- | ---- | ------- |
| August 18 | 50,000 | 47.17 | 2,358,735 |
| August 19 | 30,000 | 47.94 | 1,438,274 |
| August 20 | 60,000 | 46.47 | 2,788,444 |
| August 21 | 30,000 | 46.49 | 1,394,836 |
| August 22 | 60,000 | 46.40 | 2,784,050 |
The total transaction value for the week amounted to 10,764,340 SEK. Additionally, the cumulative number of shares repurchased since the start of the program stands at 1,155,000, with a total value of approximately 60 million SEK. All transactions have been executed on Nasdaq Stockholm, managed by Carnegie on behalf of Truecaller.
As of August 22, 2025, Truecaller holds a total of 5,100,332 Class B shares and 5,013,786 Class C shares, amounting to 2.86% of the company's outstanding capital, indicating a focused strategy on enhancing shareholder equity.
Conclusion
Truecaller continues to position itself as a leader not only in the realm of communication safety but also in effectively managing shareholder relations. With over 450 million active users, the brand remains essential in the daily communication processes as it strives to build trust in an era rife with unwanted communication and fraud. The company is traded on Nasdaq Stockholm, a testament to its robust presence in the global market. This strategic buyback is yet another step in Truecaller’s mission to prioritize its shareholders while reinforcing its operational standing in the industry.
Topics Financial Services & Investing）
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