Repurchase of Truecaller B shares in week 51, 2023

Rhea-AI Summary

Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased 85,670 own B shares as part of the share buyback programme. The buyback programme will run until the 2024 AGM. Truecaller's holding of own shares amounts to 8.07% of the outstanding capital.

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

 

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

SOURCE Truecaller AB

FAQ

What is the LEI code of Truecaller AB (publ)?

The LEI code of Truecaller AB (publ) is 549300TEYF1FA5G5GK26.

How many own B shares did Truecaller repurchase?

Truecaller repurchased 85,670 own B shares as part of the share buyback programme.

What is the total number of outstanding shares in Truecaller?

The total number of outstanding shares in Truecaller is 350,420,326 excluding the own shares.

What is the percentage of Truecaller's holding of own shares?

Truecaller's holding of own shares amounts to 8.07% of the outstanding capital.

Who is the Head of IR & Communication at Truecaller?

Andreas Frid is the Head of IR & Communication at Truecaller. He can be reached at +46 705 29 08 00 or andreas.frid@truecaller.com