STOCKHOLM, Oct. 7, 2024 /PRNewswire/ — During 30 September 2024 and 4 October 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 300,000 own B shares (ISIN: SE0016787071), corresponding to 0.08% of outstanding capital, as part of the share buyback programme initiated by the board of directors. Since the start of the programme, in the end of May, more than 3.6 million B-shares has been repurchased which corresponds to 1.03% of the outstanding capital. The buybacks have temporarily been paused in accordance with the regulations connected to the buyback programme as it now is 30 days prior to the Q3 report which will be published on the 7th of November.
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 “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):
30 September 2024
40 000
38.67
1 546 934
1 October 2024
40 000
39.04
1 561 467
2 October 2024
40 000
37.92
1 516 739
3 October 2024
80 000
38.12
3 050 714
4 October 2024
100 000
38.44
3 843 637
Total accumulated over week 40/2024
300 000
38.40
11 519 490
Total accumulated during the buyback program
3 637 832
35.59
129 456 383
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 3,637,832 B shares and 6,100,000 C-shares as of 27 September 2024, which corresponds to 2.76% of the outstanding capital.
The total number of shares in Truecaller, including own shares, now amounts to 353,040,414 and the number of outstanding shares, excluding own shares, amounts to 343,302,582.
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 420 million active users, with more than a billion downloads since launch and around 50 billion unwanted calls identified and blocked in 2023. 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-40–2024,c4047520
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SOURCE Truecaller AB
