Subject: ACC
Repurchase of Truecaller B shares in week 14, 2024
STOCKHOLM, April 8, 2024 /PRNewswire/ -- During 2 April 2024 and 5 April 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 742,544 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors. The buybacks are now temporarily halted, in accordance with applicable rules, ahead of the interim report for January-March 2024 which will be published on the 7th of May.
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 | Weighted average share price | Total daily transaction | |||
2 April 2024 | 194 955 | 31.86 | 6 210 428 | |||
3 April 2024 | 110 000 | 31.42 | 3 456 596 | |||
4 April 2024 | 222 589 | 31.82 | 7 082 780 | |||
5 April 2024 | 215 000 | 31.38 | 6 747 308 | |||
Total accumulated over week | 742 544 | 31.64 | 23 497 112 | |||
Total accumulated during the | 15 365 336 | 31.78 | 488 319 583 |
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 28,647,115 B shares and 5,600,000 C-shares as of 5 April 2024, which corresponds to 8.98% 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 346,940,414.
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 374 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
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Press release buybacks week 14 2024 Truecaller |
SOURCE Truecaller AB
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