Truecaller Initiates Share Buyback Program in December
Truecaller AB has recently announced a substantial share repurchase initiative. Through this program, which commenced on May 30, 2025, Truecaller aims to enhance shareholder value by repurchasing its B shares. During week 50, Truecaller acquired 375,000 B shares, amounting to 0.11% of the total outstanding capital.
Monthly Share Buyback Overview
According to reports, the total number of shares repurchased since the inception of the buyback program has reached an impressive 4,079,053 shares. This represents 1.15% of the company's outstanding shares. The buyback program is set to continue until the Annual General Meeting (AGM) in 2026.
Details of Recent Transactions
On December 8-12, approximately 375,000 shares were repurchased. These transactions, facilitated by Carnegie on behalf of Truecaller, are part of the ongoing efforts to ensure the company’s shareholding does not exceed ten percent of the total shares. The share price varied across the days:
- December 8: 75,000 shares at an average price of 22.83 SEK
- December 9: 75,000 shares at an average price of 22.55 SEK
- December 10: 75,000 shares at an average price of 22.54 SEK
- December 11: 75,000 shares at an average price of 22.91 SEK
- December 12: 75,000 shares at an average price of 22.93 SEK
Across these transactions, the total transaction value reached approximately 8,532,468 SEK by week 50.
Truecaller’s Commitment to Shareholders
Truecaller’s commitment to its shareholders is further underscored by their current holdings. As of December 12, 2025, the company holds 8,024,385 B shares and 5,013,786 C-shares, amounting to 3.69% of the outstanding capital. The total count of shares, including the company’s own, has risen to 353,790,721, while the number excluding these shares stands at 340,752,550.
Implications of the Buyback Program
The implications of this buyback program for Truecaller are substantial. The authority granted by the Board at the 2025 AGM enables the company to buy back shares strategically, thereby reinforcing the trust and interest of investors. The ongoing efforts to reduce the amount of outstanding shares are aimed at boosting the value of existing shares and demonstrating the company’s robust financial health.
Summary of Buyback Efforts
Truecaller has actively engaged in several buyback programs throughout the past years:
- October 2022 - May 2023: 13,281,779 shares bought back at 33.99 SEK each
- June 2023 - May 2024: 15,365,336 shares at 31.78 SEK each
- June 2024 - May 2025: 3,945,332 shares at 36.35 SEK each
- June 2025 - December 2025: 4,079,053 shares at 35.57 SEK each
Overall, this brings the cumulative share repurchases to 36,671,500 shares, indicating a strong buying appetite and a commitment to shareholder returns.
Frequently Asked Questions
What is Truecaller’s recent buyback program about?
Truecaller has initiated a share buyback program aimed to enhance shareholder value through the repurchase of B shares.
How many shares have been repurchased in total?
The total repurchased shares have reached 4,079,053, which is 1.15% of the outstanding capital.
Who is handling the buyback transactions?
The transactions are conducted on Nasdaq Stockholm by Carnegie on behalf of Truecaller.
What percentage of shares is Truecaller allowed to buy back?
Truecaller is authorized to repurchase shares such that they do not exceed ten percent of the total outstanding shares in the company.
Why is the buyback program significant?
The program is significant as it demonstrates Truecaller’s commitment to improving shareholder returns and managing equity effectively.
