Truecaller Completes Significant B Share Buyback in June 2025
On June 16, 2025, Truecaller AB, headquartered in Stockholm, announced a notable repurchase of 105,000 of its own B shares between June 9 and June 13, 2025. This transaction marks an essential milestone in the company's buyback program, which had begun earlier in the month. The repurchase, equating to approximately 0.03% of Truecaller’s outstanding capital, reflects the firm’s commitment to enhancing shareholder value.
Since the initiation of the program, Truecaller has now bought back a total of 255,000 shares, representing 0.07% of its overall capital. This series of share acquisitions aligns with the objectives set forth in the buyback strategy announced on May 30, 2025, and is expected to continue until the next Annual General Meeting scheduled for May 2026. Notably, the program is executed following the regulatory guidelines outlined in "Emittentregelverket."
At the 2025 AGM, Truecaller’s Board was given authorization to continue the share buyback efforts until the 2026 AGM, ensuring that the total shares held by the company remain below ten percent of all issued shares as of the date of the annual meeting. The recent acquisitions were facilitated by Carnegie, acting on behalf of Truecaller, and were executed on Nasdaq Stockholm.
Breaking down the buyback week, on June 10, 2025, Truecaller purchased 75,000 B shares at a weighted average price of SEK 66.45, leading to a total transaction value of SEK 4,983,773. Following that, on June 11, 2025, an additional 30,000 shares were repurchased at SEK 65.67 each, totaling SEK 1,970,172 for that day. In total, for the week, the average weighted share price was SEK 66.23, bringing the cumulative transaction value to SEK 6,953,945.
After the complete execution of this buyback initiative, Truecaller holds a total of 4,205,332 B shares and 5,017,786 C shares, amounting to approximately 2.61% of the total outstanding capital. As of June 13, 2025, the overall amount of Truecaller shares, including the repurchased ones, has risen to 353,079,080, while the outstanding shares, excluding those owned by the company, have settled at 343,860,962.
Truecaller, known for its leading platforms that facilitate safe communication and effectively block unsolicited calls, supports over 450 million active users globally. The firm continues to implement innovative solutions to ensure secure interactions within digital communication, assisting both individuals and businesses in combating fraud and unwanted connections. Having been publicly listed on Nasdaq Stockholm since October 8, 2021, Truecaller is firmly positioned as a critical part of everyday communication for its users. For further information, please reach out to Andreas Frid, Head of Investor Relations Communication, at +46 705 29 08 00 or via email at andreas.frid@truecaller.com.
As Truecaller advances toward its target of creating trustworthy communication networks, its ongoing initiatives, such as the current buyback program, exemplify its dedication to bolstering investor confidence and maintaining a resilient market position.
Since the initiation of the program, Truecaller has now bought back a total of 255,000 shares, representing 0.07% of its overall capital. This series of share acquisitions aligns with the objectives set forth in the buyback strategy announced on May 30, 2025, and is expected to continue until the next Annual General Meeting scheduled for May 2026. Notably, the program is executed following the regulatory guidelines outlined in "Emittentregelverket."
At the 2025 AGM, Truecaller’s Board was given authorization to continue the share buyback efforts until the 2026 AGM, ensuring that the total shares held by the company remain below ten percent of all issued shares as of the date of the annual meeting. The recent acquisitions were facilitated by Carnegie, acting on behalf of Truecaller, and were executed on Nasdaq Stockholm.
Breaking down the buyback week, on June 10, 2025, Truecaller purchased 75,000 B shares at a weighted average price of SEK 66.45, leading to a total transaction value of SEK 4,983,773. Following that, on June 11, 2025, an additional 30,000 shares were repurchased at SEK 65.67 each, totaling SEK 1,970,172 for that day. In total, for the week, the average weighted share price was SEK 66.23, bringing the cumulative transaction value to SEK 6,953,945.
After the complete execution of this buyback initiative, Truecaller holds a total of 4,205,332 B shares and 5,017,786 C shares, amounting to approximately 2.61% of the total outstanding capital. As of June 13, 2025, the overall amount of Truecaller shares, including the repurchased ones, has risen to 353,079,080, while the outstanding shares, excluding those owned by the company, have settled at 343,860,962.
Truecaller, known for its leading platforms that facilitate safe communication and effectively block unsolicited calls, supports over 450 million active users globally. The firm continues to implement innovative solutions to ensure secure interactions within digital communication, assisting both individuals and businesses in combating fraud and unwanted connections. Having been publicly listed on Nasdaq Stockholm since October 8, 2021, Truecaller is firmly positioned as a critical part of everyday communication for its users. For further information, please reach out to Andreas Frid, Head of Investor Relations Communication, at +46 705 29 08 00 or via email at andreas.frid@truecaller.com.
As Truecaller advances toward its target of creating trustworthy communication networks, its ongoing initiatives, such as the current buyback program, exemplify its dedication to bolstering investor confidence and maintaining a resilient market position.
Topics Financial Services & Investing）
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