STOCKHOLM, June 10, 2024– During 3 June 2024 and 7 June 2024 Truecaller AB (publ) 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.