Truecaller Halts Buyback Program Ahead of Interim Report
With 3.97 million Class B shares repurchased in just one week, Truecaller has paused its latest buyback initiative. The company acquired 1.18% of its outstanding capital between June 15 and June 19, 2026, ahead of the scheduled release of its second-quarter financial results on July 17.
The repurchases were executed on Nasdaq Stockholm by DNB Carnegie, totaling 50.05 million SEK at a weighted average price of 12.60 SEK per share. This activity forms part of a broader program authorized at the 2026 Annual General Meeting, which allows the board to buy back shares until the 2027 meeting, provided the company's total holding does not exceed 10% of outstanding stock.
Following these acquisitions, Truecaller now holds 11.82 million B shares and 2.09 million C shares. This brings the company's total treasury holdings to 4.12% of its capital. As of June 19, the total number of shares issued stands at 337.5 million, with 323.6 million shares currently outstanding. The company suspended the program to comply with regulatory quiet periods surrounding the upcoming publication of its Q2 interim report.
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