Truecaller Announces Significant Share Repurchase in May 2026, Reflecting Financial Stability
In the week of May 4 to May 8, 2026, Truecaller AB (publ) executed a remarkable share repurchase by acquiring a total of 250,000 of its own B shares. This operation corresponds to 0.07% of the company's outstanding capital, reinforcing the financial health and future outlook of the company. This recent purchase is part of a strategic buyback program that was officially declared on May 30, 2025, highlighting Truecaller’s commitment to optimizing its capital structure.
To date, Truecaller has repurchased a total of 18,579,594 shares since the start of the current buyback initiative, which represents approximately 5.25% of the outstanding capital. The implementation of this share buyback program is in strict accordance with the specified regulations outlined in 'Emittentregelverket' aimed at ensuring transparency and accountability in stock transactions.
The authority to initiate share repurchases was granted by the Board during the Annual General Meeting (AGM) in 2025, allowing for these buybacks to continue until the AGM in 2026. The new authorization permits Truecaller to purchase an aggregate amount of its B shares without surpassing a threshold of ten percent of total shares outstanding as of the AGM date.
To further clarify the financial metrics on the share repurchases, on May 8, 2026, the aggregated volume of 250,000 shares was purchased at a weighted average price of SEK 13.69, reaching a total transaction value of SEK 3,421,829. Throughout week 19 of 2026, the same figures were recorded as Truecaller adhered to its buyback strategy efficiently.
According to reports, Truecaller has accumulated a total of 22,524,926 B shares and 5,013,786 C shares as of May 8, 2026, which constitutes about 7.78% of the total capital. Consequently, the overall share count for Truecaller, inclusive of their own holdings, has now reached 353,790,721, while the number of outstanding shares, excluding the repurchased ones, stands at 326,252,009.
To summarize previous buyback activities, Truecaller has executed several rounds of share repurchases in the past few years: the buyback program between October 2022 and May 2023 resulted in the acquisition of 13,281,779 shares at an average price of SEK 33.99; the subsequent program from June 2023 to May 2024 saw the buybacks increase to 15,365,336 shares, averaging SEK 31.78 per share; and during the period of June 2024 to May 2025, 3,945,332 shares were bought back at an average price of SEK 36.35. The latest buyback scheme that commenced in June 2025 has so far led to the purchase of 18,579,594 shares at an average price of SEK 18.45. The cumulative figures reveal that Truecaller has undertaken share repurchases amounting to 51,172,041 shares, accumulating a transaction value of SEK 1,426,024,497.
Truecaller stands as a leading platform for verifying contacts and blocking intrusive communications, striving to build trust within daily communications. With nearly 500 million active users, Truecaller plays a significant role in combating fraud and unwanted communications, particularly in emerging markets. Their stock has been listed on Nasdaq Stockholm since October 8, 2021, and this financial maneuver demonstrates their ongoing commitment to shareholder value and corporate growth.
For additional inquiries, interested parties can reach out to Andreas Frid, the Head of IR Communication, at +46 705 29 08 00 or via email at [email protected].
This initiative by Truecaller not only showcases their financial prudence but also strengthens investor confidence in their strategic direction as they continue to enhance their offerings and expand their user base in an increasingly competitive market.
To date, Truecaller has repurchased a total of 18,579,594 shares since the start of the current buyback initiative, which represents approximately 5.25% of the outstanding capital. The implementation of this share buyback program is in strict accordance with the specified regulations outlined in 'Emittentregelverket' aimed at ensuring transparency and accountability in stock transactions.
The authority to initiate share repurchases was granted by the Board during the Annual General Meeting (AGM) in 2025, allowing for these buybacks to continue until the AGM in 2026. The new authorization permits Truecaller to purchase an aggregate amount of its B shares without surpassing a threshold of ten percent of total shares outstanding as of the AGM date.
To further clarify the financial metrics on the share repurchases, on May 8, 2026, the aggregated volume of 250,000 shares was purchased at a weighted average price of SEK 13.69, reaching a total transaction value of SEK 3,421,829. Throughout week 19 of 2026, the same figures were recorded as Truecaller adhered to its buyback strategy efficiently.
According to reports, Truecaller has accumulated a total of 22,524,926 B shares and 5,013,786 C shares as of May 8, 2026, which constitutes about 7.78% of the total capital. Consequently, the overall share count for Truecaller, inclusive of their own holdings, has now reached 353,790,721, while the number of outstanding shares, excluding the repurchased ones, stands at 326,252,009.
To summarize previous buyback activities, Truecaller has executed several rounds of share repurchases in the past few years: the buyback program between October 2022 and May 2023 resulted in the acquisition of 13,281,779 shares at an average price of SEK 33.99; the subsequent program from June 2023 to May 2024 saw the buybacks increase to 15,365,336 shares, averaging SEK 31.78 per share; and during the period of June 2024 to May 2025, 3,945,332 shares were bought back at an average price of SEK 36.35. The latest buyback scheme that commenced in June 2025 has so far led to the purchase of 18,579,594 shares at an average price of SEK 18.45. The cumulative figures reveal that Truecaller has undertaken share repurchases amounting to 51,172,041 shares, accumulating a transaction value of SEK 1,426,024,497.
Truecaller stands as a leading platform for verifying contacts and blocking intrusive communications, striving to build trust within daily communications. With nearly 500 million active users, Truecaller plays a significant role in combating fraud and unwanted communications, particularly in emerging markets. Their stock has been listed on Nasdaq Stockholm since October 8, 2021, and this financial maneuver demonstrates their ongoing commitment to shareholder value and corporate growth.
For additional inquiries, interested parties can reach out to Andreas Frid, the Head of IR Communication, at +46 705 29 08 00 or via email at [email protected].
This initiative by Truecaller not only showcases their financial prudence but also strengthens investor confidence in their strategic direction as they continue to enhance their offerings and expand their user base in an increasingly competitive market.
Topics Financial Services & Investing）
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