Core Viewpoint - Truecaller AB has been actively repurchasing its own B shares as part of a share buyback program initiated by the board of directors, with a total of 175,000 shares repurchased between July 28 and August 1, 2025, bringing the total repurchased shares to 575,000 since the program's inception [1][2]. Group 1: Share Buyback Program - The share buyback program was announced on May 30, 2025, and is set to continue until the Annual General Meeting (AGM) in May 2026 [1]. - The board was authorized to repurchase B-shares up to a limit of 10% of the total outstanding shares as of the date of the AGM [2]. Group 2: Transaction Details - The daily share buyback transactions from July 28 to August 1, 2025, included: - July 28: 30,000 shares at an average price of SEK 51.69 - July 29: 26,000 shares at SEK 50.80 - July 30: 30,000 shares at SEK 49.54 - July 31: 34,000 shares at SEK 49.38 - August 1: 55,000 shares at SEK 48.09 - The total accumulated buybacks for the week amounted to 145,000 shares at an average price of SEK 49.61, while the total for the buyback program reached 575,000 shares at an average price of SEK 57.66 [3]. Group 3: Current Shareholding - As of August 1, 2025, Truecaller holds 4,490,332 B shares and 5,013,786 C shares, which represents 2.69% of the outstanding capital [4]. - The total number of shares, including own shares, is now 353,750,053, with 344,245,935 shares outstanding when excluding own shares [4]. Group 4: Company Overview - Truecaller is a leading global platform for verifying contacts and blocking unwanted communication, with over 450 million active users [5]. - The company is listed on Nasdaq Stockholm since October 8, 2021 [5].
Repurchase of Truecaller B shares in week 31, 2025
Prnewswire·2025-08-04 07:04