Wednesday, June 19, 2024

Repurchase of Truecaller B shares in week 23, 2024

STOCKHOLM, June 10, 2024 /PRNewswire/ — During 3 June 2024 and 7 June 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 265,000 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors. In accordance with the decision at the 2024 AGM, 28,647,115 B shares have now been cancelled.

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):

3 June 2024

50 000

36.98

1 849 100

4 June 2024

75 000

36.60

2 745 248

5 June 2024

75 000

36.57

2 742 915

7 June 2024

65 000

36.98

2 403 973

Total accumulated over
week 23/2024

265 000

36.76

9 741 236

Total accumulated
during the buyback
program

515 000

36.89

19 001 211

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 515,000 B shares and 5,600,000 C-shares as of 7 June 2024, which corresponds to 1.73% of the outstanding capital.

After the Swedish Companies Registration Office’s cancellation of the 28,647,115 B shares in accordance with the decision from the 2024 Annual General Meeting, the total number of shares in Truecaller, including own shares, now amounts to 352,540,414 and the number of outstanding shares, excluding own shares, amounts to 346,425,414.

For more information, please contact:
Andreas Frid, Head of IR & Communication

+46 705 29 08 00
[email protected]

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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/repurchase-of-truecaller-b-shares-in-week-23–2024,c3997697

The following files are available for download:

https://mb.cision.com/Main/20429/3997697/2853212.pdf

Press release buybacks week 23 2024 Truecaller

 

Source : Repurchase of Truecaller B shares in week 23, 2024

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

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