STOCKHOLM, Dec. 27, 2023 /PRNewswire/ -- During 18 December 2023 and 22 December 2023 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 85,670 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 7 June 2023. The share buyback programme will run between 7 June up until the 2024 AGM which will be held in May 2024, and is carried out in accordance "Emittentregelverket".

On the Annual General Meeting 2023 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2024. 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):

18 December 2023

65 000

33.94

2 205 996

19 December 2023




20 December 2023




21 December 2023

17 500

33.92

593 576

22 December 2023

3 170

34.00

107 780

Total accumulated over
week 51/2023

85 670

33.94

2 907 352

Total accumulated
during the buyback
program

11 885 424

32.53

386 589 468

 

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 25,167,203 B shares and 5,600,000 C-shares as of 22 December 2023, which corresponds to 8.07% of the outstanding capital. 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 350,420,326.

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 368 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

 

The following files are available for download:

https://mb.cision.com/Main/20429/3899263/2514533.pdf

Press release buybacks week 51 2023 Truecaller

 

Cision View original content:https://www.prnewswire.com/news-releases/repurchase-of-truecaller-b-shares-in-week-51-2023-302022695.html

SOURCE Truecaller AB

Copyright 2023 PR Newswire

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