News provided by Truecaller AB , Aug 26, 2024, 03:03 ET
STOCKHOLM, Aug. 26, 2024 /PRNewswire/ — During 19 August 2024 and 23 August 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 180,000 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 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): |
| 19 August 2024 | 30 000 | 35.39 | 1 061 700 |
| 20 August 2024 | 30 000 | 35.91 | 1 077 366 |
| 21 August 2024 | 30 000 | 36.38 | 1 091 390 |
| 22 August 2024 | 60 000 | 35.67 | 2 140 442 |
| 23 August 2024 | 30 000 | 35.76 | 1 072 714 |
| Total accumulated over week 34/2024 | 180 000 | 35.80 | 6 443 612 |
| Total accumulated during the buyback program | 2 207 832 | 34.84 | 76 914 623 |
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 2,207,832 B shares and 5,600,000 C-shares as of 23 August 2024, which corresponds to 2.35% 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 344,732,582.
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 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-34–2024,c4028351
The following files are available for download:
| https://mb.cision.com/Main/20429/4028351/2961019.pdf | Press release buybacks week 34 2024 Truecaller 230826 |
SOURCE Truecaller AB