STOCKHOLM, June 3, 2024 /PRNewswire/ — During 28 May 2024 and 31 May 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 250,000 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors.
The share buybacks form part of the share buyback programme announced by Truecaller on 28 May 2024. The share buyback programme will run between 28 May up until the 2025 AGM, which will be held in May 2025, and is carried out in accordance with ‘Emittentregelverket’.
On the Annual General Meeting 2024 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2025. The new authorization means that buybacks may be made so that the company’s shareholding does not exceed ten (10) percent of the total number of shares in the company outstanding as of the date of the annual general meeting.
Date:
Aggregated daily
volume (number of
shares):
Weighted average share
price per day (SEK):
Total daily transaction
value (SEK):
28 May 2024
50 000
37.00
1 850 610
29 May 2024
50 000
37.40
1 870 065
30 May 2024
50 000
37.33
1 866 700
31 May 2024
100 000
36.73
3 673 050
Total accumulated over
week 22/2024
250 000
37.04
9 259 975
Total accumulated
during the buyback
program
250 000
37.04
9 259 975
All acquisitions have been carried out on Nasdaq Stockholm by Carnegie on behalf of Truecaller. Following the above acquisitions. Truecaller’s holding of own shares amounts to 28,897,115 B shares and 5,600,000 C-shares as of 31 May 2024, which corresponds to 9.05% of the outstanding capital. 28 647 115 of the B shares that have been bought back will be cancelled in accordance with the decision take by the Annual General Meeting in 2024.
The total number of shares in Truecaller. including own shares. is 381,187,529 and the number of outstanding shares. excluding the own shares. is 346,690,414.
For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com
About Truecaller
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 400 million active users, with more than a billion downloads since launch and around 50 billion unwanted calls identified and blocked in 2022. Headquartered in Stockholm. since 2009. we are a co-founder led. entrepreneurial company. with a highly experienced management team. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com
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https://news.cision.com/truecaller-ab/r/repurchase-of-truecaller-b-shares-in-week-22–2024,c3993751
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SOURCE Truecaller AB
