Truecaller Completes Significant Buyback of Shares in April 2026

(STOCKHOLM) — In an impactful move highlighting its commitment to shareholder value, Truecaller AB (publ) executed a substantial share repurchase program during the 14th week of the year. Between March 30 and April 2, 2026, the company acquired a total of 2.7 million of its own B shares, representing approximately 0.76% of the outstanding capital. Since beginning its current repurchase program on May 30, 2025, Truecaller has successfully bought back a total of 18,329,594 shares, which amounts to 5.18% of the total capital. The company paused this buyback initiative in view of the pending release of its interim report for the first quarter of 2026, expected on May 7.

The decision to initiate a share buyback was made at the Annual General Meeting (AGM) held in 2025, where Truecaller’s Board received authorization to repurchase B-shares until the AGM in 2026. This financial strategy aims to maintain the number of shares in circulation below 10% of the total outstanding shares as specified by the regulations of the Swedish financial authorities.

Throughout the buyback operations that occurred from the latter part of 2022 until early April 2026, Truecaller has recorded various metrics on the shares acquired. On March 30, 2026, the company purchased 600,000 shares at an average price of SEK 10.02, leading to a total transaction value of approximately SEK 6 million. The following day, an additional 600,000 shares were acquired at a higher weighted average price of SEK 10.93. The most significant acquisition during this period took place on April 1, when Truecaller repurchased 900,000 shares at an average price of SEK 10.61.

Over the specified buyback period, the total transaction value reached a significant SEK 28.78 million, which firmly underlines Truecaller’s proactive approach towards fostering long-term shareholder confidence. Cumulatively, the shares repurchased since the initiation of the buyback program collectively amounted to 18,329,594, with a noteworthy average purchase price of SEK 18.52, leading to a total transaction value of SEK 339.4 million.

Following the latest repurchases, Truecaller’s total holding of own shares now includes 22,274,926 B shares and 5,013,786 C shares, constituting nearly 7.71% of its outstanding share capital. Overall, the current total number of Truecaller shares, including the repurchased ones, has reached 353,790,721, while the outstanding shares stand at 326,502,009.

Truecaller has consistently demonstrated its commitment to building trust in communication, with almost 500 million active users relying on its services for verifying contacts and blocking unwanted communications. The company, known for making conversations safer and more relevant, aims to continue its mission while ensuring robust financial performance. Being a publicly traded entity on Nasdaq Stockholm since October 8, 2021, Truecaller remains actively engaged in its responsibilities toward investors and shareholders.

As the company prepares for its Q1 2026 report, the financial community will closely monitor Truecaller's strategy and its impact on future market positioning. The future will hold important insights into how Truecaller will navigate its growth trajectory while keeping stakeholder interests at the forefront.

Topics Financial Services & Investing)

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