STOCKHOLM, Aug. 28, 2023 /PRNewswire/ -- During 21 August 2023 and 25 August 2023 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 596,488 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):

21 August 2023

140.000

34.724

4.861.363

22 August 2023

16.818

34.600

581.903

23 August 2023

64.670

34.498

2.231.014

24 August 2023

230.000

34.186

7.862.877

25 August 2023

145.000

33.904

4.916.080

Total accumulated over
week 34/2023

596.488

34.289

20,453,236

Total accumulated
during the buyback program

4.769.488

35.521

169,417,301

 

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 18.051.267 B shares and 5.600.000 C-shares as of 25 August 2023. The total number of shares in Truecaller. including own shares. is 379.559.710 and the number of outstanding shares. excluding the own shares. is 355.908.443

For more information. please contact:
 Andreas Frid. Head of IR & Communication
+46 705 290800
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 356 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/20429/3824662/2254883.pdf

Press release TRUE SBB week 34 2023 eng

 

Cision View original content:https://www.prnewswire.com/news-releases/repurchase-of-truecaller-b-shares-in-week-34-2023-301910976.html

SOURCE Truecaller AB

Copyright 2023 PR Newswire

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