Truecaller Expands Share Buyback Program in 2025
Truecaller AB (publ) has undertaken an important step in its ongoing strategy by repurchasing a significant number of its B shares recently. During the period between May 26, 2025, and May 30, 2025, the company successfully repurchased a total of 150,000 of its own B shares. This acquisition represents 0.04% of the outstanding capital. The repurchase is part of a broader share buyback program initiated by the board of directors, which aims to enhance shareholder value and improve the overall market perception of the company.
Details on the Share Buyback Program
This buyback effort is aligned with the plan announced by Truecaller on May 30, 2025, detailing its strategy to purchase back shares until the next Annual General Meeting (AGM), scheduled for May 2026. This move is designed to operate within the framework of the "Emittentregelverket," a set of guidelines that govern such corporate actions.
Authorization and Banking Transactions
At the 2025 AGM, the Board received authorization to repurchase B-shares until the 2026 AGM. This approval establishes clear limits, ensuring that the company's total shareholding does not exceed ten percent of the total number of outstanding shares as of the AGM date. All of the transactions are executed through Nasdaq Stockholm, with Carnegie acting on behalf of Truecaller. This assurance of proper channeling of buybacks highlights Truecaller's commitment to maintaining transparency in its operations.
Key Transaction Statistics
For the specific date of May 30, 2025, the data related to the share repurchase is as follows:
Transaction Metrics
- Aggregated daily volume: 150,000 shares
- Weighted average share price: SEK 65.40
- Total transaction value: SEK 9,809,839
These figures indicate a robust commitment from Truecaller to enhance its market standing through tactical financial maneuvers. Over the course of week 22 of 2025, the total accumulated buyback mirrored the daily metrics, underlining the consistency in Truecaller’s buying strategy.
Current Shareholding Structure
In light of the recent acquisitions, Truecaller now holds a total of 4,095,332 B shares and 5,017,786 C-shares, which corresponds to approximately 2.54% of the total outstanding capital. The total number of shares, including those held, has reached 353,079,080, while the number of outstanding shares, excluding owned shares, stands at 343,965,962. This refined structure showcases Truecaller's strategic approach in executing its financial goals while enhancing shareholder confidence.
About Truecaller
Truecaller, identified by its stock ticker TRUE B, serves as a vital global platform dedicated to verifying contacts and blocking undesirable communications for users. With a mission to foster trust in digital communications, Truecaller has established itself as an integral part of daily communications for over 450 million active users worldwide; especially prominent in emerging markets. Since being listed on Nasdaq Stockholm on October 8, 2021, the company continues to strive for excellence in providing a safe communication environment for its users.
Frequently Asked Questions
What is the purpose of Truecaller's share buyback program?
The share buyback program aims to enhance shareholder value and improve market perception by reducing the number of shares available on the market.
How many shares did Truecaller buy back in May 2025?
Truecaller repurchased a total of 150,000 B shares during the week ending May 30, 2025, as part of its ongoing share buyback initiative.
Who is handling the share buyback transactions for Truecaller?
All share repurchases are being executed on Nasdaq Stockholm by Carnegie, which acts on behalf of Truecaller.
What percentage of Truecaller's capital is represented by their own shares?
Truecaller’s acquisition of its B shares represents approximately 2.54% of the total outstanding capital.
When does the buyback program run until?
The buyback program is set to continue until the Annual General Meeting scheduled for May 2026.
