STOCKHOLM, Aug. 7, 2023 /PRNewswire/ -- During 31 July 2023 and 4 August 2023 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 525,000 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 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):

31 July 2023 

110,000

41.3188

4,545,064

1 August 2023 

115,000

41.9337

4,822,370

2 August 2023 

120,000

41.2354

4,948,254

3 August 2023 

180,000

40.0180

7,203,232

Total accumulated over week 31/2023

525,000

40.9884

21,518,919

Total accumulated during the buyback program

2,716,000

34.8282

94,593,457

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 15,997,779 B shares and 5,600,000 C-shares as of 4 August 2023. The total number of shares in Truecaller, including own shares, is 379,559,710 and the number of outstanding shares, excluding the own shares, is 357,961,931

For more information, please contact

Andreas Frid, Head of IR & Communication
+46 705 290800
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 356 million active users, with half a billion downloads since launch and around 38 billion unwanted calls identified and blocked in 2021. 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/20429/3814103/2216608.pdf

Press release TRUE SBB week 31 2023 eng

Cision View original content:https://www.prnewswire.com/news-releases/repurchase-of-truecaller-b-shares-in-week-31-2023-301894365.html

SOURCE Truecaller AB

Copyright 2023 PR Newswire

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