Truecaller’s Strategic Move in Share Buyback
In a noteworthy development in the financial landscape, Truecaller AB (publ), under its LEI code 549300TEYF1FA5G5GK26, has reported significant progress in its share repurchase program. During the week of January 12 to 16, 2026, the company successfully repurchased a total of
616,000 B shares, which accounts for approximately
0.17% of its total outstanding capital. This strategic move is part of a broader initiative aimed at enhancing shareholder value and is seen as a proactive measure to manage the company's capital effectively.
This share buyback comes in the wake of Truecaller’s ongoing plan that began with an announcement on
May 30, 2025, aimed at repurchasing shares until the Annual General Meeting (AGM) due in
May 2026. The board has been authorized to buy back shares in a manner that prevents the company's holdings from exceeding 10% of the total number of outstanding shares at the time of the next AGM. This new authorization reflects the company’s commitment to returning value to its shareholders amidst increasing market challenges.
As part of this buyback program, Truecaller has accumulated an impressive
9,260,594 shares to date, representing around
2.62% of the outstanding capital. The buybacks will continue until Truecaller reaches a cumulative total where the total ownership does not surpass the stipulated thresholds set by the regulatory framework—specifically the "Emittentregelverket".
The repurchase activity pauses after January 14, to adhere to regulations surrounding the company's year-end reporting, which is set to be published on
February 17, 2026. Over the specified week, a breakdown of the buybacks reveals a pattern of daily volume and transaction values:
| Date | Number of Shares | Avg Price (SEK) | Total Transaction Value (SEK) |
|---|
| -- | ---- | ---- | ------ |
| 12-Jan-26 | 150,000 | 18.13 | 2,719,047 |
| 13-Jan-26 | 316,000 | 17.61 | 5,564,342 |
| 14-Jan-26 | 150,000 | 17.43 | 2,614,475 |
Total for Week 3: 616,000 shares bought back at an average price of
17.69 SEK, resulting in a total transaction value of
10,897,864 SEK. In contrast, since the launch of the buyback program, the accumulated share volume stands at 41,853,041 shares across various buyback phases, averaging a price of
31.61 SEK with a total transaction value exceeding
1.3 billion SEK.
As of January 16, 2026, Truecaller holds
13,205,926 B shares and
5,013,786 C shares, bringing their overall ownership to about
5.15% of the outstanding capital. The total share count for the company now stands at
353,790,721, signaling robust engagement in market trends and shareholder relations. This proactive financial maneuvering not only highlights Truecaller’s commitment to its shareholders but also demonstrates a strategic approach in navigating complex market conditions.
Truecaller has become an essential communication tool for more than
450 million active users globally, excelling in verifying contacts and blocking unwanted communication. The company was officially listed on
Nasdaq Stockholm on
October 8, 2021, and continues to foster trust in communication as it faces the growing challenges of digital connectivity and fraud. Truecaller remains dedicated to its mission of ensuring safe and relevant conversations, particularly in emerging markets.
For further inquiries, please reach out to
Andreas Frid, Head of IR Communication, via phone at +46 705 29 08 00 or through email at [email protected]