Truecaller Boosts Share Buyback Efforts in Recent Week

Truecaller Enhances Share Buyback Strategy
Recently, Truecaller AB (publ) engaged in a robust share buyback initiative, effectively repurchasing a significant number of its own B shares during a specified week. Particularly, between September 1 and September 5, a total of 172,500 B shares were bought back, which represents 0.05% of its outstanding capital. This action is part of a well-structured buyback program approved by the board of directors, aimed at enhancing shareholder value.
Overview of the Share Buyback Program
The current buyback program was publicly announced on May 30, and it is scheduled to continue until the Annual General Meeting (AGM) in 2026. The purpose of this ongoing initiative is to manage the capital efficiently and return value to shareholders while aligning with the company's long-term growth strategy. Under the directive from the AGM in 2025, the board has the capacity to repurchase shares until the AGM in 2026, ensuring that the holding does not exceed ten percent of total outstanding shares.
Recent Buyback Actions and Results
A breakdown of the recent buyback activities highlights the daily volumes and share prices across the week:
The accumulative shares bought back during that week indicate a strategic investment by Truecaller into its equity. Here’s how the buyback progressed over the days:
- September 1: 30,000 shares at SEK 44.09
- September 2: 22,500 shares at SEK 43.89
- September 3: 25,000 shares at SEK 43.94
- September 4: 45,000 shares at SEK 43.63
- September 5: 50,000 shares at SEK 44.87
Overall, the total accumulated share buybacks from this week amounted to 172,500 shares, with a weighted average price of SEK 44.15, culminating in a total transaction value near SEK 7.62 million.
Truecaller’s Current Shareholding Status
Following these acquisitions, Truecaller’s holdings of treasury shares now total 5,472,832 B shares and 5,013,786 C-shares as of September 5, which corresponds to 2.96% of the outstanding capital. This marks a strategic move to bolster investor confidence and provide liquidity in times of market fluctuations. Furthermore, the total number of shares in Truecaller, including repurchased shares, stands at 353,750,053, while the number of outstanding shares has been calculated at 343,263,435.
Contact and Company Information
For further inquiries regarding the share buyback program or any other investor relations matters, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
About Truecaller
Truecaller is recognized globally as a key platform for verifying contacts and blocking unwanted communications. It has empowered over 450 million active users to engage safely in conversations. As an entity listed on the Nasdaq Stockholm since October 8, 2021, Truecaller remains committed to enhancing communication trust in an era where digital fraud and unwarranted messaging persist, especially in emerging markets.
Frequently Asked Questions
What is the purpose of Truecaller's share buyback program?
The share buyback program aims to return value to shareholders by repurchasing shares, helping to manage capital efficiently.
How many shares did Truecaller buy back in week 36, 2025?
Truecaller repurchased a total of 172,500 B shares during that week.
What percentage of the outstanding shares does Truecaller currently hold?
Truecaller holds approximately 2.96% of its outstanding shares through treasury shares.
When was Truecaller listed on Nasdaq?
Truecaller was listed on Nasdaq Stockholm on October 8, 2021.
Who can I contact for more information about Truecaller?
For further inquiries, contact Andreas Frid, Head of IR & Communication, at +46 705 29 08 00.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.