#Sweden #Truecaller #Stockholm #share repurchase #Financial Growth

Truecaller Completes Significant Share Buyback in March 2026

In a notable development for stakeholders and investors alike, Truecaller AB announced the repurchase of 500,000 B shares during the week of March 23-27, 2026. This strategic move is part of a broader share buyback program initiated on May 30, 2025, aimed at enhancing shareholder value and reinforcing market confidence. The repurchase amounts to 0.14% of the outstanding capital, and to date, Truecaller has successfully bought back a total of 15,629,594 shares, which represents approximately 4.42% of its outstanding capital.

Details of the Share Buyback

The operations of this buyback were conducted on Nasdaq Stockholm by DNB Carnegie, acting on behalf of Truecaller. Below is a summary of the transactions specific to week 13:

• - March 23, 2026: 100,000 shares purchased at a weighted average price of 10.83 SEK, totaling a transaction value of approximately 1,082,598 SEK.
• - March 24, 2026: 100,000 shares at 10.68 SEK, with a transaction value of 1,067,871 SEK.
• - March 25, 2026: Another 100,000 shares acquired at 10.60 SEK, amounting to 1,059,742 SEK.
• - March 26, 2026: 100,000 shares at 10.47 SEK, with total transactions reaching 1,047,080 SEK.
• - March 27, 2026: 100,000 shares at 10.19 SEK, totaling 1,018,732 SEK.

The total transaction value for this week reached approximately 5,276,022 SEK, reflecting a strong operational strategy.

Background of the Buyback Program

The buyback initiative is authorized by the Board of Directors during the 2025 Annual General Meeting, allowing for such transactions until the upcoming AGM in May 2026. The new authorization stipulates that Truecaller’s ownership of its shares should not exceed 10% of the total outstanding shares as of the AGM.

Beyond the recent transactions, historical data from Truecaller’s buyback activities showcases robust engagement from 2022 through 2026:

• - From October 2022 to May 2023, Truecaller repurchased 13,281,779 shares at an average price of 33.99 SEK, amounting to approximately 451,447,668 SEK.
• - June 2023 to May 2024 saw a repurchase of 15,365,336 shares at 31.78 SEK, totaling about 488,310,378 SEK.
• - The program continued into June 2025, with an additional 15,629,594 shares bought back at an average price of 19.88 SEK, accumulating around 310,665,477 SEK.

In total, across all these engagements, Truecaller has repurchased 48,222,041 shares at an average price of 28.90 SEK, culminating in transaction values of approximately 1,393,820,560 SEK.

Moving Forward

As of March 27, 2026, Truecaller's shareholding stands at 19,574,926 B shares and 5,013,786 C shares, which corresponds to approximately 6.95% of the total capital. The current total number of shares in Truecaller amounts to 353,790,721, with outstanding shares—excluding treasury stocks—numbering 329,202,009.

Truecaller’s buyback strategy signals a strong commitment to its investors and reflects a deeper belief in the company’s future growth. With nearly 500 million active users relying on its platform for secure communication, Truecaller continues to solidify its position as a leader in the digital economy. The buyback actions not only provide immediate financial benefits to shareholders but also establish a robust foundation for sustained growth in the challenging landscape of emerging markets.

For further inquiries, please reach out to Andreas Frid, Head of IR Communication at Truecaller. For additional information about Truecaller and its innovative platform, visit corporate.truecaller.com.